Volume dries up during accumulation before the next leg up. High volume would mean lots of churn which means people are unsure of the price direction. Low volume is bullish, the last four years the spy has risen on low volume.
Wrong! Wrong and Wrong Again.
It means us longs have topped up thanks to you shorts and we are sitting on the edge of our seats waiting for you to jump.
Just remember “He who has the last laugh laughs longest” Ha, Ha, Ha