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I took a chart of long period ( 7 years ) on the SP500 to show as the volatility is increased on the index , in fact we can easily noticed as the Kelter's bands widened in the latest period
At this point a real correction , after years of bullish trend , could come finally . Some support of this possibility come by the SMI oscillator that is negative at the moment , this event could lead the pair toward the lower band (Kelter) for April .
At this point a real correction , after years of bullish trend , could come finally . Some support of this possibility come by the SMI oscillator that is negative at the moment , this event could lead the pair toward the lower band (Kelter) for April .
