Mentorship

Mentorship

Dow

2 Jul 2014 ‚óŹ 12:24 PM

As the month ended the Dow completed a 4th month where its candle looks like a spinning top. To be more exact i calculated the following. (Open-Close)/Close for all the Dow data from 1928 to date to see if this has happened before. And guess how many times the same pattern showed up.....Never. Never in the past has the Dow faced such a narrow trading range for 4 consecutive months. This is an observation which displays the record low volatility of the US market something that cant go on perpetually.

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