SSO 60min char from 6/5/15 - 7/24/15
Top window - SSO 60min chart with moving averages (MA)
Middle window - White line is the volatility (high=high volatility & low=low volatility)
Bottom window - Oscillator cross over equals buy and sell signals & histogram follows in the same way
Notice that when there is low volatility the price is generally consolidating and following that consolidation the market breaks out of that consolidation.
Another way to watch this is to draw trendlines on the top and the bottom of the consolidation period. Wait for price to break out and confirmed by the cross over of the MA's and oscillator cross over buy and sell signals.
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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