Candles to Ignore and Bollinger Band Contractions to Watch

The cup remains half full for the S&P 500 SPDR, but half empty for the S&P 500 EW ETF. This could change as RSI firms in a potential reversal zone with a Bollinger Band contraction for RSP. Bearish candlesticks are not slowing down QQQ and even IWM could be ripe for a breakout. The charts below the video highlight some ETFs with Bollinger Band contractions.

Thanks for tuning in and have a great day!

-Arthur Hill, CMT
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