I'm still trading intraday.... not holding overnights.
Some banking stocks--and perhaps others too--are flashing caution.
Bollingers have narrowed, indicating a big move -- Which direction? Bollingers can't speak.
But stochastics can and they have turned down, some haven't even bothered to reach overbought in this bearish climate.
On ANZ, only $1 separates top from bottom bollinger....Something's gonna give.
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