Lucrum Jun 2, 2009 #2 Quote from Westward: Do you see a pull back or the markets riding the bands? More... waistbands?
Lucrum Jun 2, 2009 #4 Quote from Westward: Bollinger band. More... Ah yes, the ubiquitous Bollinger Bands. So you're asking if equities are going to continue higher or reverse, is this a top or not, are prices going up or down. Hmmmm, now that's a tough one. Maybe one of our resident "gurus" will chime in and enlighten us mere mortals about the future. Ideally in something other that guru speak.
Quote from Westward: Bollinger band. More... Ah yes, the ubiquitous Bollinger Bands. So you're asking if equities are going to continue higher or reverse, is this a top or not, are prices going up or down. Hmmmm, now that's a tough one. Maybe one of our resident "gurus" will chime in and enlighten us mere mortals about the future. Ideally in something other that guru speak.
C circadian Jun 2, 2009 #5 Price will pull off the upper band when the ADX makes a maxima, then the price will mean revert, and overshoot (if you're lucky enough) to the lower band.
Price will pull off the upper band when the ADX makes a maxima, then the price will mean revert, and overshoot (if you're lucky enough) to the lower band.