Loading ...DPO volatility areas and Gold markets
The widely fluctuating areas of the DPO show two distinct market areas: 79-83; and 05 to now. This agrees with what others here have said that the “current” bull market in Gold is actually a continuation of the last one which didn’t really end in 2011 but was only in consolidation. Perhaps the past trend line for the movement ending in 2011 could be cloned and used like a channel line for the current movement providing a very useful gauge for identifying shorter term counter trends if the two price movements are actually parts of one larger one.
super interesting
If you look at the daily charts of PM companies or, say, GDX you see lots of up and down pretty much every day since the big down earlier in the year. That phenomenon has been pretty pronounced and has not gone away. I don’t know that it counts as official “volatility” but it’s volatility of a sort.
I had to go do something but just made a quick check. Don’t do anything complicated. Just go to bigcharts.com and use their default, which is OHLC. Maybe use 2 yr daily instead of 1y to make it show up more clearly, but 1 yr works.
Plug in NEM, FNV, GDX, PAAS, WPM. Right around February of this year lots more up-down everyday. I of course cheated by choosing some good examples (HUI stands out a little less than GDX to my eye, for example, but it works).
To me, some instability within a given day with these things, at least the big ones.
Eyeballing MSFT I see the phenomenon also. Perhaps less obvious but evident with TSLA, AAPL, QQQ, SPX. Not interested enough to do a decent investigation.