am really stretching symmetricals here, but analysis of rcp's 30 minute chart say's
1. agree on bollinger condition, 2. green is target area for this chart 3, above target area will put you into next play or short 4. below green is another chance to long/cover short
qqqq 30 min
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Posted by: rcptrader In reply to: rcptrader who wrote msg# 9771 Date:2/10/2006 4:37:09 PM Post #of 20179
A solid piercing of the upper band on the 30 min VIX together with a solid piercing of the lower band of the 30 min QQQQ is usually good for a bull reversal signal. Piercing of the opposite bands is also good for bear reversal signal.
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