Posted by frtaylor on 31st of Mar 2023 at 10:47 am
Steve/Matt, on your HYG chart, I notice that 6 out of the last 6
times price pierced the upper Bollinger band (whether or not it
closed above it), there was at least a one-day pullback. We are
above the Bollinger band today.
Steve/Matt, on your HYG chart,
Posted by frtaylor on 31st of Mar 2023 at 10:47 am
Steve/Matt, on your HYG chart, I notice that 6 out of the last 6 times price pierced the upper Bollinger band (whether or not it closed above it), there was at least a one-day pullback. We are above the Bollinger band today.
yes thanks for the observation
Posted by matt on 31st of Mar 2023 at 10:53 am
yes thanks for the observation
Yup - just points to
Posted by steve on 31st of Mar 2023 at 10:51 am
Yup - just points to price being extended at those times
Double top just formed on
Posted by frtaylor on 31st of Mar 2023 at 10:52 am
Double top just formed on the 15 minute chart. I bought SJB, stop below the lows, target is gap fill for HYG.