AI
Sunday, June 13, 2010 4:11:35 PM
SPX daily: the MAW ribbon suggests a new target /resistance at 1103
A ribbon of the Vol. Rate. Of Change [7; 10; 13] shows a decisive, synchronized and spectacular drop in the latest 3 days.
At the same time Stoch.(Fast) and Volty. SD Stoch. display an strong UP.
Compare Volty. SD Stoch beginning of Feb / NOW. Big difference!! A simple curiosity ?!
Contrarian conclusions : An UP trend is heavily “suggested” to us. It will continue for a while… In reality, a major bull trap is being set for OpEx
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PS: “Volty. SD Stoch.” is an option related indicator that plots the current standard deviation of closing prices as a % of the standard deviation of closing prices over its 52 week range.
A ribbon of the Vol. Rate. Of Change [7; 10; 13] shows a decisive, synchronized and spectacular drop in the latest 3 days.
At the same time Stoch.(Fast) and Volty. SD Stoch. display an strong UP.
Compare Volty. SD Stoch beginning of Feb / NOW. Big difference!! A simple curiosity ?!
Contrarian conclusions : An UP trend is heavily “suggested” to us. It will continue for a while… In reality, a major bull trap is being set for OpEx
===========
PS: “Volty. SD Stoch.” is an option related indicator that plots the current standard deviation of closing prices as a % of the standard deviation of closing prices over its 52 week range.
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