NYMO and NAMO with Bollinger Bands

    Posted by matt on 14th of Nov 2012 at 07:46 pm

    $NYMO - Chart Link - price spiked below the Bollinger Bands on both the NYMO and NAMO, so it's something to take note of as spikes below the Bollinger Bands can sometimes market short term or tradeable bottoms.  

    However these can be early and clearly the market index charts still do not look good, just pointing out these indicators for now as we are getting oversold in the short term.

    $NAMO - Chart Link

    where is the mkt going

    Posted by freddy123321 on 14th of Nov 2012 at 09:14 pm

    where is the mkt going to be when vix gets overbought??

    Yes I discussed the VIX

    Posted by matt on 15th of Nov 2012 at 12:44 am

    Yes I discussed the VIX tonight, it's still so damn low

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