Interesting observation about Price and Volume

[Aditya Chitral]

 

[doug reich]

Umm, they cherry picked panic days. Those are almost by definition both down days and high volume days. What about non-extreme events?

 

[Eugene Krel]

Curious

 

[zhouxing]

It is not that unusual. It is a bear market, so the overall trend is downward. As such

1] If the sell volume increases, it will accelerate downward pressure
2] If the prices go up (i.e. upward adjustment within a bigger downward trend), people became cautious, thus results in decreased volume

You will notice a "mirrored" phenomenal in a bull market.