Comparing Intraday Range Volatility

technical chart lookCorey Rosenbloom: Wednesday’s “Fed Day” surprise resulted in a 43 point intraday range for the S&P 500 along with a 364 point intraday range (high to low) in the Dow Jones Industrial Index.

While certainly extreme, how does a 43 point intraday range compare with the past?

Let’s take a look at the S&P 500 Range Volatility chart to see prior periods of similar high volatility in the market:

S&P 500 SP500 SPX High Volatility Range Intraday

The blue indicator at the bottom reveals the intraday range (high minus low) of the S&P 500.

The red shading simply compares yesterday’s 43 point intraday range to the previous history from 2010 to present.

Pages: 1 2

Leave a Reply

Your email address will not be published. Required fields are marked *