Thursday, September 17, 2009

09/17 Recent Price Action

I want to go back to following the 5-Day Price and Volatility study I have for the indexes I'm trading, this helps me to keep things in perspective, my plan is to post these charts daily, let's see if I can keep up with it.

As you can see on the charts bellow, we're edging higher on the 5-Day Volatility spike charts, also, notice there has been very little action to the down-side of the chart, that represents the current up-trend we're observing in the markets.

As far as daily price action, MNX has been a bit calmer than RUT, as you can see there has been a few bigger days on RUT compared to MNX on the last 30-day price spikes.