Yes, closing inside the BB is the signal, but not the
confirmation. The note in the chart says, that to
confirm, the close the day after it re-enters the BB must be lower
than the close on the day of the reentry. Can always go long
on the signal if the market is feeling strong instead of waiting
for confirmation.
Yes, closing inside the BB
Matt - Please let us know if VIX closes back ...
Posted by rjdst on 21st of Jun 2021 at 05:58 pm
Yes, closing inside the BB is the signal, but not the confirmation. The note in the chart says, that to confirm, the close the day after it re-enters the BB must be lower than the close on the day of the reentry. Can always go long on the signal if the market is feeling strong instead of waiting for confirmation.
NYMO re-entry conversely.
Posted by retirefire on 21st of Jun 2021 at 07:22 pm
NYMO re-entry conversely.