Defining Trends with Bollinger Bands

By ,

[Click on the picture above to see how Murray defines trends using Bollinger bands and discover where the best opportunities within a trend can be found.]

With the G20 providing some bullish tailwinds for the S&P 500, it is right on the cusp of a major breakout from an 18-month consolidation period. It’s blue sky above here, so it won’t take much to ignite a rally that will gather momentum as it trades higher. But I’m not ready to stick my neck out and say that’s what is about to happen.

I have a technique for defining trends that I show you in today’s update and it hasn’t had the final confirmation that I need. So until that happens, I think there is still a chance that the music could stop and prices could return to the middle of the range we have been in for the past 18 months.

I always want to leave you with something worthwhile from my weekly videos, even if future market direction is cloudy. I think my method for defining trends and looking for opportunities using Bollinger bands is something you won’t have seen anywhere else and is something you can use in your own trading.


Murray Dawes,
Editor, Alpha Wave Trader

PS: Free investor report reveals the highest potential growth sectors for 2019 and beyond. Download now to find out more.

About Murray Dawes

Murray Dawes is the Editor of Pivot Trader and contributing Editor at Money Morning. He was one of five, from 5,000 applicants, chosen for a graduate position with the Swiss Banking Corporation — now part of banking giant UBS. The bosses quickly cottoned on to his potential and pushed him…

Bubs Announces $68 Million Capital Raise

[ASX:BUB] is rattling the can to raise $68 million to support ‘growth opportunities.’

Is Stock Analysis Worth It? Finding Your Investment Edge

Is stock analysis worth your time? The question boils down to a key academic topic: market efficiency.

Bubs (ASX:BUB) Shares up on US Supply Deal Update

Infant nutrition producer Bubs Australia [ASX:BUB] came out with another supplier update today, signing supply agreements with two more US retailers.

NeuRizer [ASX:NRZ] Shares Soar on $1.5 Billion Binding Offtake

NeuRizer [ASX:NRZ] opened 35% higher on Monday after announcing a binding $1.5 billion offtake agreement with Daelim.

Electric Car Demand Is in Overdrive

With the way things are shaping up between automakers, EVs are quickly becoming a hot commodity. And I’m not just talking about Tesla here.

[WATCH] Closing Bell — In the Eye of the Storm

It’s a sea of bad news out there at the moment. Equities have cracked and they are continuing to drift lower.