SPDR S&P 500 (SPY): Gleno, it could signal more up, but I ha...

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Re: GLENO34 post# 49816

Thursday, 05/15/2008 1:25:01 PM

Thursday, May 15, 2008 1:25:01 PM

Gleno, it could signal more up, but I have noticed in the past when the BB's expand that it is due to volatility. However, if the candle/bar touches the top BB or is out of the BB then a reversal is at hand and vice versa with touching or being out of the bottom BB.

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