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Intraday SPI was pretty good for 2017 up to start of OCT which is where daily ranges nosedived . 1st day of 2018 was the largest cash range in over 2 months so its a decent sign . Lack of volatility all round indice and FX wise , ive even resorted to BTC which has actually been pretty solid . I gave up US indice a year ago , was coma inducing .
PS nifty fifty is one ive been working out a system for as well . I like the mean reverting stuff . The Nifty pre xmas had regular 1% cash ranges and thats all you need
Never a good sign when first 90 minutes cash 15 point range , i am going to have a good sleep and return for last hour . Algo running but with volatility this low almost certain there will be no fills ..
Algo has done a reasonable job this week in poor trading conditions , snuck in a couple other trades so reasonable start to year , the 50 points on tuesday was a bonus
Got the obligatory bounce of XJO long term support and now looking for areas where the ceiling may exist , i am thinking 5690 will be the speedhump from here medium term