An article published in the China Securities Journal looks to volume as a sign for a long bull market.
At the peak of the bull market in 2007, daily volume topped out around ¥600 billion. In July of last year, at the start of the bull market, it was ¥300-¥400 billion. In December, it crossed ¥1 trillion. Since March, it has exceeded ¥1.5 trillion.
Price follows volume.
iFeng: 万亿成交VS千亿成交 分析称本轮牛市或远超市场预期
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