Volatility Update

Last time I used a custom volatility band, but unlike Bollinger bands that are based on closing prices, these bands are based on the day's range, giving you a true idea of the volatility.

The last time volatility has picked up by about 50% since the trend up from January-February. March is when volatility started picking up, this is also a sign of a top. I just ran the same calculations and volatility has now doubled from a 50% increase to a 100% increase.

This should have an effect on a market bounce.