Monday, 31 August 2015

Volatility - not over yet ?

In my previous post Sector Technical Analysis: Big moves ahead ?? I highlighted that there could be some volatility going ahead as the weekly Bollinger bandwidth was less than 10% and this had happened only 20 times in 15 years. Well…the situation is not much different today. Still the BB width is less than 10% since it is calculated on closing prices, this makes me believe that we have not yet witnessed the end of volatility…this is the 6th week in a row that BB width is below 10% - 2nd longest stretch on record !



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