RE:TA - Bollinger BandsHey Stag,
I've been watching the BB's the last week or so. Band width is at a 6 month low and SP has just moved (barely) above 20 DMA. I think you're right that a breakout is imminent but to which side? Would like to see the SP trading between upper and middle bands but hopefully we get a nice breakout to the upside on big volume! I'm no expert but SP has broken out from the down trendline that started mid February. Also noticed RSI divergence from SP. Hopefully we get a nice squeeze out of this setup, but I've been wrong before!
Fingers crossed
Garth