Courtesy of Doug Short
In his email accompanying the chart, Serge commented that 2011 has been a good year for day traders. I’ll second that!
The S&P 500 is back to neutral, with a volatility of about 6% since the beginning of the year, on 8% below-average volume and on now improving momentum.
Note: For newcomers to technical analysis, here are brief explanations for the two key indicators that Serge features: