Equity indices have never priced this high and so we do not know what kind of volatility can be expected at this scale. I fear that we could experience higher volatility than we have ever experienced before and possibly the greatest trading range.
As outlined in my previous post, the 4 hour RSI is extremely overbought. In late January, this scenario resulted in a steep slump and is likely to spur the first major entry into this new and very extreme trading range.
Happy Trading!
As outlined in my previous post, the 4 hour RSI is extremely overbought. In late January, this scenario resulted in a steep slump and is likely to spur the first major entry into this new and very extreme trading range.
Happy Trading!
Note
Volatility INCOMING.Note
RIIIIP
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.