Slicing Through Lower Bollinger Bands: Bounce or Not?
I had a request to do a Bollinger Band study, since SPY has closed beneath the lower Bollinger Band. Rather than recreate the wheel, I’m going to link to some earlier studies I completed on this topic. Not much has changed since these studies were completed so the results still apply.
The most important thing to remember when trading outside the bands is that it is by definition, abnormal.
SPY Close Beneath Lower Bollinger Band: Bullish?
3 Responses to Slicing Through Lower Bollinger Bands: Bounce or Not?
Thanks Woodshedder.
No problem. Key point- abnormality. Markets, in my opinion, when they are in a state of abnormality, are not to be toyed with.
Dayum. My predictions in those previous BB posts were spot on. (Patting myself on the back).
