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Dow Jones-Bollinger Bands Study: A Sign of Exhaustion? – Minyanville.com

Dow Jones-Bollinger Bands Study: A Sign of Exhaustion?
Minyanville.com
I did the study going all the way back to 1994, looking at the consecutive days the Dow Jones Industrial Average closed above its top Bollinger Bands (using four days in a row as my factor). This has only happened a total of 10 times, including Friday

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