Is it a formal word that refers to the amount of uncertainty or risk about the size of changes in a security's value?
It has been my observation that breakouts from a narrow range have a greater chance of continuation and breakouts from a wide range have a greater chance of reversal.
Has anyone correctly answered the question in the title of this thread yet? "Why Is The Obvious Not So Obvious? Just wondering. What exactly is the question about anyway? Why is "what obvious" not "obvious"? Obvious which way price is moving? Obvious how much to bet? Obvious how to win? Obvious why the game is so hard for so many? What are we talking about here? I just went outside & it's obvious that it's sunny; it's also obvious my co-worker drank too much last night, so the obvious is obvious sometimes.