Mongo
Thanks for that, I have been out dining.
I find BBB's either provide a reversal at contact or if they don't then they moderate the continuing trend.
And it hasn't crashed through so a crash shouldn't happen from here, touch wood!
Obviously it suggests the trend is down and it wasn't just a mini correction.
Now any bounce to the average or upper line has to be considered resistance until persistance works to the upside.
They work pretty much like the dynamics I mention although I feel the dynamics are more precise.
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