Bearish Volume Divergence is a warning sign for traders. For example, during June 2023 to August 2023, $Apple(AAPL)$ price continued climbing to new highs, but the buying volume steadily declined, forming lower highs. This signal weakening momentum. Within a month, there was a gap-down and a sharp sell-off—confirming that the earlier volume warnings were valid. Another bearish signal is Selling Climax (Capitulation). Using $SPDR S&P 500 ETF Trust(SPY)$ as example, it experienced a violent decline accompanied by big volume spikes during the onset of COVID market crash in March 2020. Thanks
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