Amazing Charts Of The Day

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Amazing Charts Of The Day

By Harlan Pyan — Author

Amazing Charts Of The Day

Yesterday we talked about the Bollinger bands as a reason to be cautious today considering they are pegged up against the top band where turns can take place. Today let's add another element. I'll call this element the too far too fast rubber band stretch for lack of a better choice of words.

See those red boxes? Those are your rubber band boxes. See what they all led to upon completion? A well deserved pullback via sideways thru time or pullback via price and this is where we find ourselves currently.

For you Zenists? Today's buzz words are:

Easy Grasshopper

Posted to All About Trends on Feb 26, 2014 — 9:02 AM

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