Bollinger Bands Stock Index Price Action in Range-Bound Stocks Markets
The Bollinger Bands indicator is commonly applied to identify overextended trends in Indices markets. The following rules are typically applied when using this indicator in a sideways market trend.
The Bollinger Band Indicator is very important because it shows when a Indices price breakout might be about to happen.
These methods are unreliable during trending market conditions: they are only valid as long as the Bollinger Bands move horizontally.
- If the price touches the upper band it can be considered over-extended on the upside - over-bought.
- If the price touches the lower band the currency can be considered over-extended to the bottom side - over-sold.
Index Bollinger Bands help spot overbought and oversold spots. Use them to set buy and sell goals in ranging markets.
- If the price has bounced off the lower band crossed the centerline MA then the upper band can be used a sell level.
- If the price bounces downward off the upper band crosses below the center moving average MA the lower band can be used as a buy level.

Using Bollinger Bands in Range-Bound Stock Markets - Strategy for Trading the Bollinger Bands Index.
If the Indices price touches the highest or lowest points in this fluctuating market, those points can be used as goals for Index trades to make money whether buying or selling.
You can start trading indices when the market reaches the upper resistance level or the lower support level. You should place a stop loss order a little bit above or below these levels depending on the trade you are making. This is important in case the price of the indices moves out of the range set by the Bollinger bands.
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