Replies to post #31874 on *** MICK, $Pistol Pete$ & FRIENDS STOCK PICKS

[mick]

[$Pistol Pete$]

$SIPC Technical Analysis

Bollinger Bands has closed below upper band by 18.7%; above bottom band by 81.3%; Bollinger Bands are 49.3% narrower than normal.The narrow width of the bands suggests low volatility as compared to SIPC's normal range. The bands have been in this narrow range for 4 bars. This is often a sign that a market may be about to initiate a new trend.