26 July

  • Korean
  • English (US)
Question about English (US)

I'd like to know what "guard" (a major changing of the guard) means in this text.
Thanks in advance.

In figure 20, the main thing to notice is volume tends to peak on days when there is a major price reversal, it tells you there is probably a major changing of the guard going on: if the bulls (the positive crowd) were dominant, then the bears (the negative people) are now in charge, and vice-versa.
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