Thursday, December 29, 2005
Intraday Volatility Expansion in the Quadrupeds
Charts courtesy of Prophet and OptionsXpress
On Thursday just after 3 pm, we witnessed a textbook expansion in volatility in the QQQQs after the 20 period, 2-SD Bollinger bandwidth had constricted in the 10 day chart. The resulting explosive move occurred in the direction of the primary intraday trend-DOWN. Increase in volume (again intraday) provided confirmation.
Technorati Tags : Intraday
# posted by Kaiser Soze @ 10:24 PM
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