An Armful of Volatility

It's tough to get long ahead of this week's Fed meeting. However, I am finding it difficult to ignore some of the charts I am finding out there. I spent the weekend revamping my scanning profile in order to focus on finding both long and short entries from very similar scans. I also wanted a scan that would look to take advantage of volatility expansion, and would concentrate on stocks that are trending, and are either very strong or very weak.

The adjustments on my scans had me bringing in not only volatility, but also on expansion of trend, as I focused on a stock's relationship to its previous volatility and current position. I maintained my use of the moving-average convergence-divergence (MACD) line in order to continue focusing on bullish and bearish crossovers of the moving averages. I also used the Commodity Channel Index (CCI) in order to detect a very strong trend with the possibility of an extreme move. The components I added were %B, slope and standard deviation....315 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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