Fibonacci, Elliott And Volatility by Paul G. Williams
ARTICLE SYNOPSIS ...Fibonacci, Elliott And Volatility by Paul G. Williams
Suppose we could chart volatility just as we chart conventional prices. Then we could use Elliott wave analysis, Fibonacci characteristics and cycle techniques to forecast greater or lesser volatility. And very high volatility--perhaps resulting in a market crash--should be preceded by a bullish pattern in the volatility chart.
Now suppose we could calculate and plot market volatility with a unique method that no one else was using. The volatility patterns would display the same type of structures as conventional price charts--which everyone...
AUTHOR: Paul G. WilliamsDATE: SEP 1990