$NYMO - Chart Link - not surprised to see
a bounce today, remember the NYMO closed below the lower BB
yesterday and when that happens you almost always get at least some
kind of bounce, doesn't mean that it's a bottom as price could
bounce a couple days then go to new lows, but you usually at least
get some kind of reaction bounce when this occurs
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NYMO
Posted by matt on 11th of Dec 2014 at 09:45 am
$NYMO - Chart Link - not surprised to see a bounce today, remember the NYMO closed below the lower BB yesterday and when that happens you almost always get at least some kind of bounce, doesn't mean that it's a bottom as price could bounce a couple days then go to new lows, but you usually at least get some kind of reaction bounce when this occurs