The volatility spread and synthetic volatility remains bearish, but the RSI Trend Indicator returned to bullish and the moving average study remains bullish. My focus is mainly the volatility spread chart when working with the Russell 2000 Index.
Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.