In the context of trend analysis, what should be prioritized over volume?

In trend analysis, price trend and confirmation should be prioritized over volume because the primary focus is on price movements and patterns that indicate the direction of the market. Price trends are essential in determining whether a market is bullish, bearish, or sideways, and they provide insights into market behavior over specific time frames. When price movements are confirmed by subsequent price action, they reinforce the validity of the trend, allowing traders to make more informed decisions based on the strength or weakness of the trend.

Confirmation can come in various forms, such as higher highs in an uptrend or lower lows in a downtrend, which help to validate the ongoing trend. This emphasis on price allows traders to gauge market momentum and potential reversals more effectively than relying solely on volume, which can fluctuate independently of price movements and may not provide the same clarity regarding trend validity.