17 MAR 2011, Thursday (PM)

• Well...appears the 2 standard deviation band is acting to slow the market today.  Closed slightly above the 90dMA.
• Above chart shows one year of data.  A chart of 3 years of data can be found in the sidebar to the right.
• Sometimes the market can stop at the bands like JUL thru early SEP.  Other times it can crawl alongside a sloping band like recently (upward) and in MAY (downward).
• The center dotted line is the 50 day moving average which the bands are based off of.
• Tomorrow is option  expiration which can get squirrelly.