Investors been looking for potential in the Stock Market Volatility...as equities drift close by fresh highs after logging seven straights months of gains....in derivatives markets, the front month Cboe Volatility Index Futures contract, and the VIX INDEX, itself is higher than it has been about 85% of the time over last five years. THIS will suggest most investors to expect the calm in stocks to give away way to more noticeable >PRICE SWINGS< in the coming weeks and coming months.... however on the chart, STOCH RSI indicator, it seems like price is going for the touch on the demand zone which is the purple line. HOWEVER please notice, its just my thoughts on it, but still im certain price is going to RISE in volatility... but we all know anything is possible in the Market, because we tend to think how volatile the stock market can be, seeing a calm period. Well with that be said. Trade Safely.
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