You also have the whole Keath Ledger autopsy thing. Results were released at 3pm and deemed inconclusive. Sleeping pill pharmaceuticals led the rally...
I never saw volatility like this
- Thread starter ByLoSellHi
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You also have the whole Keath Ledger autopsy thing. Results were released at 3pm and deemed inconclusive. Sleeping pill pharmaceuticals led the rally...
I enjoy the late afternoon and early Globex open. Almost like free money if you know how to do it.
Maria
Austin, I agree the Vol is more chaotic now...
It would be interesting to have a new thread trying to discern what the majority of bots are doing at their choatic turning points... A high number of eyes watching and posting might come up with some interesting observations...
Its like a drunk monkey on meth...
<img src="http://www.enflow.com/p.gif">
"i would humbly disagree, VIX really only dropped in the 3pm hr"
VIX is not a measure of volatility
it's a measure of IMPLIED volatility.
it does not measure volatility qua volatility. it measures "risk premium", iow a forward looking view at how option traders are assessing FUTURE volatility via the price of OEX options.
for pete's sake.
VIX is not a measure of volatility
it's a measure of IMPLIED volatility.
it does not measure volatility qua volatility. it measures "risk premium", iow a forward looking view at how option traders are assessing FUTURE volatility via the price of OEX options.
for pete's sake.
<i>"It would be interesting to have a new thread trying to discern what the majority of bots are doing at their choatic turning points... A high number of eyes watching and posting might come up with some interesting observations..."</i>
I see a lot of program acceleration on breaks of 5-bar fractals. It looks to me like many of the programs are volatility breakouts based on x-number of bars backward in time as a core basis.
That said, all 5-bar fractals (pivots) naturally include 3-bars and most are 10-bar patterns, etc. some of the filters may be volume based, time of day based, trend = momentum but the overall premise right now seems to be measured breakouts on programs.
Many times these visible levels - trendlines break and it's an instant surge higher or lower respectively.
I see a lot of program acceleration on breaks of 5-bar fractals. It looks to me like many of the programs are volatility breakouts based on x-number of bars backward in time as a core basis.
That said, all 5-bar fractals (pivots) naturally include 3-bars and most are 10-bar patterns, etc. some of the filters may be volume based, time of day based, trend = momentum but the overall premise right now seems to be measured breakouts on programs.
Many times these visible levels - trendlines break and it's an instant surge higher or lower respectively.