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Hello ,
back on this band study i wanted to show you how the last time we
busted the upper band it stayed above the mid band for 20+- days.
then the market took a rest. the other day it busted the band again
and now the target is the mid band which is currently 1252 already up
from the 1249 i posted earlier. this study keeps track of all this
automatically for you so you really have no work other than to glance
at the data.
an interesting observation is that the market has on average this year
stayed above and below the bands for about the same average number of
days 14. last year we stayed above the bands 20+ and below -13.
--
Have Great Day, re
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