Joined Apr 1, 2010
8,861 Blog Posts
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Chess
Thanks for taking the time to go through what is happening underneath the hood of the market in your recap. I don’t know if you have mentioned this lately (I have been away) but it seems to me as if there are tons of daily charts showing pinching (or at least contracting depending on your definition) Bollinger bands. Is this normal when the market is at an all time high? Many thanks for the awesome work you do.
Thanks, ctb. It is interesting in that there still appears to be “tight” stocks with pinched BB setting up behind the extended ones.