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!
Comment:
Volatility INCOMING.
Comment:
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.
www.kenzing.com
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