Having a look at some of the eurozone stockmarkets, we can see that over the last few months, there was a grinding up higher, with little movement each day. As you can see the candlesticks were small which means that each day was a small range day, and the daily highs and lows were not far apart.
Now look at the action over the last few weeks. WOW!, The price action circled below, shows that there has been massive fluctuations between the day highs and low prices and things are really moving very volatile.
Normally when you see this sort of action, it is a warning sign that a bigger move is on the way. So strap yourselves in.
Eurozone Jitters |
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