What’s a Bollinger band and what is it measuring?
They define whether prices are high or low on a relative basis. … prices are high by definition at the upper band and they’re low by definition at the lower band explains Bollinger.
How often does it work?
They work for me the vast majority of the time says Bollinger. What people don’t understand is that they don’t give signals all the time. You have to wait and find set-ups…the mistake people make they try to trade one thing continuously using Bollinger Bands and that can be frustrating.
What’s your analysis of the S&P 500?
Based on my analysis I think the S&P 500 will go higher says Bollinger. We’re just in the process of working our way into new high territory
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