Note, however, that the ..... Volume Index is not a contrarian indicator: even though the PVI is supposed to show what the not-so-smart-money is doing, it still trends in the same direction as prices.

Note, however, that the ..... Volume Index is not a contrarian indicator: even though the PVI is supposed to show what the not-so-smart-money is doing, it still trends in the same direction as prices. (*) Positive (*) Price (*) Public (*) Purchase


This is a companion discussion topic for the original entry at https://english.best/questions/10297,note-however-that-the-___-volume-index-is-not-a-contrarian-indicator-even-though-the-pvi-is-supposed-to-show-what-the-not-so-smart-money-is-doing-it-still-trends-in-the-same-direction-as-prices/