The snowball…

http://schrts.co/EETcHtyM The power of this wave is illustrated here. The horizontal line is resistance and as you can see that resistance has stopped price many times.  Two reactions here mark…

Continue Reading The snowball…

Man bites volatility…

The character of volatility never changes.  It always reverts to the mean.  That doesn't mean that it is absolutely predictable.  That would be a rare animal indeed.  Rather it is…

Continue Reading Man bites volatility…