Monday, September 19, 2011

STI - Intraday Volatility



At 2.15-2.16PM, I saw an early signal where STI was about to have a volatile session very soon. At 2.17PM, I gave a warning and posted it on the forum and within 5-10 mins, STI volatility spiked and it trended down lower. Do I use volume or price or indicators or whatever traditional pedagogy? As you can see in the 1 min chart, there is no volume activity when I posted and how do I know? Well, the answer was The K Wave. That was the culprit affecting the volatility! Be careful if you are on the long side.

Ronald K