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	Comments on: Bollinger Bands Extreme Pinch	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: lee1		</title>
		<link>https://rightsideofthechart.com/bollinger-bands-extreme-pinch/#comment-2389</link>

		<dc:creator><![CDATA[lee1]]></dc:creator>
		<pubDate>Mon, 22 Aug 2016 19:01:21 +0000</pubDate>
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					<description><![CDATA[Yup, higher we will go.]]></description>
			<content:encoded><![CDATA[<p>Yup, higher we will go.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/bollinger-bands-extreme-pinch/#comment-2388</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 22 Aug 2016 16:38:40 +0000</pubDate>
		<guid isPermaLink="false">http://rightsideofthechart.com/?p=172567#comment-2388</guid>

					<description><![CDATA[As I often say, just because something (in the charts) has worked in past does not mean that it will or must work again going forward. My take-away from all this is that while the market has so far refused to correct in spite of bearish developments that have preceded corrections in the past, it has taken out or &quot;burned through&quot; those developments, yet either. It could very well go on to do so but until then, I don&#039;t think it wise to become complacent &amp; dismiss those technical developments just because they haven&#039;t played out for a correction up to this point.

In fact, those bearish developments, such as the negative divergence &amp; plunge in trading volumes, only continue to build to even more powerful extremes. As such, until &amp; unless the market can rise to the point where those red flags not longer exist (i.e.- no more divergence, a healthy expansion of volume with prices moving higher, an upside price thrust out of the recent price compression/pinched Bollinger Bands, etc...) then it would only be logical to assume that the next correction, once it comes, will be commensurate with the scope of these extreme bearish technical developments .]]></description>
			<content:encoded><![CDATA[<p>As I often say, just because something (in the charts) has worked in past does not mean that it will or must work again going forward. My take-away from all this is that while the market has so far refused to correct in spite of bearish developments that have preceded corrections in the past, it has taken out or &#8220;burned through&#8221; those developments, yet either. It could very well go on to do so but until then, I don&#8217;t think it wise to become complacent &#038; dismiss those technical developments just because they haven&#8217;t played out for a correction up to this point.</p>
<p>In fact, those bearish developments, such as the negative divergence &#038; plunge in trading volumes, only continue to build to even more powerful extremes. As such, until &#038; unless the market can rise to the point where those red flags not longer exist (i.e.- no more divergence, a healthy expansion of volume with prices moving higher, an upside price thrust out of the recent price compression/pinched Bollinger Bands, etc&#8230;) then it would only be logical to assume that the next correction, once it comes, will be commensurate with the scope of these extreme bearish technical developments .</p>
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		<title>
		By: joefriday		</title>
		<link>https://rightsideofthechart.com/bollinger-bands-extreme-pinch/#comment-2387</link>

		<dc:creator><![CDATA[joefriday]]></dc:creator>
		<pubDate>Mon, 22 Aug 2016 16:25:28 +0000</pubDate>
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					<description><![CDATA[Yep..could&#039;nt; agree more. The writing is on the wall..but very aggravating waiting for price to finally get the message and correct... As I&#039;ve noted, in addition to the BB squeeze on the daily chart there is also a Monthly BB squeeze in progress too...that move could be huge..and as of now..it is also suggesting the move will be lower..]]></description>
			<content:encoded><![CDATA[<p>Yep..could&#8217;nt; agree more. The writing is on the wall..but very aggravating waiting for price to finally get the message and correct&#8230; As I&#8217;ve noted, in addition to the BB squeeze on the daily chart there is also a Monthly BB squeeze in progress too&#8230;that move could be huge..and as of now..it is also suggesting the move will be lower..</p>
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		<title>
		By: Art		</title>
		<link>https://rightsideofthechart.com/bollinger-bands-extreme-pinch/#comment-2386</link>

		<dc:creator><![CDATA[Art]]></dc:creator>
		<pubDate>Mon, 22 Aug 2016 16:16:23 +0000</pubDate>
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					<description><![CDATA[I for one do not believe that this time is different and regardless of of this extreme the market is in, Price can be deceptive and not as it seems for the larger picture of accumulation and distribution.]]></description>
			<content:encoded><![CDATA[<p>I for one do not believe that this time is different and regardless of of this extreme the market is in, Price can be deceptive and not as it seems for the larger picture of accumulation and distribution.</p>
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		<title>
		By: snp		</title>
		<link>https://rightsideofthechart.com/bollinger-bands-extreme-pinch/#comment-2384</link>

		<dc:creator><![CDATA[snp]]></dc:creator>
		<pubDate>Mon, 22 Aug 2016 15:36:37 +0000</pubDate>
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					<description><![CDATA[maybe the Bollinger band needs to start playing a different song]]></description>
			<content:encoded><![CDATA[<p>maybe the Bollinger band needs to start playing a different song</p>
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