studying stock market trends
February 13, 2014
Daily signals remain bullish. Synthetic volatility was later than some other studies in turning bullish but it was solidly bullish for the past three days. The interesting thing to note, however, is that the study is drooping today when price action was strong. The signal is still bullish, but its current position invites being watchful of the potential of a top forming.
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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.