2WEEK chart shows
bollinger bands narrowing in a small range.
this typically signals a breakout is about to happen,.
I expect BBOZ to move sidways in this narrow band
range for some time.
but when the XJO crashes.. expect BBOZ to break
strongly to upside.
BBOZ still clealy in a bear market as the RBA
is sponsoring the XJO higher.
it works until it doesnt.... thiss is my trade.
bollinger bands narrowing in a small range.
this typically signals a breakout is about to happen,.
I expect BBOZ to move sidways in this narrow band
range for some time.
but when the XJO crashes.. expect BBOZ to break
strongly to upside.
BBOZ still clealy in a bear market as the RBA
is sponsoring the XJO higher.
it works until it doesnt.... thiss is my trade.