There are many indicators that we as market participants can use. So many in fact that some become overwhelmed in their search for the “holy grail” of indicators. What matters most when choosing an indicator is whether or not it improves your trading. Here’s a quick tip. Put an indicator on a price chart of
How Strong Was Today?
Take a look at the SPX chart below that shows a daily close .42% outside the +2 standard deviation for volatility. Going back 5 years there were five other occasions where SPX closed, on a daily basis, outside the +2 standard deviation. Those dates were 3/23/09, 10/13/08, 9/19/08, 4/1/08 and 3/21/07. Look them up. As