This is the quietest period of the year but volatility goes up from here

<p>Here is a great from <a href="https://www.topdowncharts.com/" target="_blank" rel="nofollow">topdowncharts.com</a> that highlights the seasonality of volatility:</p><p>If it feels like it's been getting less volatile this year, then you're certainly onto something. But volatility is like yo-yo as every drop sets the stage for a rebound. The seasonal pattern for that picks up in August before a peak in mid-October.</p><p>Fundamentals trump a trend like this but it's easy to envision how we could once-again fall into this pattern. The market has gotten hurriedly long in risk assets and recession risk has faded. A surprise hot inflation print could spark rate hike fears, or a surprise drop in jobs could spark worries. Even earnings season could bring with it some turmoil, as it did to TSLA and NFLX this week.</p>

This article was written by Adam Button at www.forexlive.com.