Last week the S1TH
was still above 65 % line last week, however due to high volatility
, and negative reading from two supportive indicators, i advised that this market wasn't "tradeable" ( not a word) or new position shouldn't be opened.
fast forward to yesterday, the S1TH
is well below 65 % ( 51.48), volatility
so far for the month is 22.5 %. at this point , if you are conservative investor and not a fan of roller coasters, you should be out of this market until further notice.