
Technical | Analysis page 291 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
262 Part Ill. Trend Analysis resistance or support level. As a method of confirming breakouts, the logic behind their use is a little more solid. The formula is essentially a measure of the previous day’s volatility projected into the following day. Volatility, as we have seen previously, is a…