In a nutshell, the Elliott wave method combined with Bollinger Bands and ROC indicator gives the overall context of the market, and range bound move between 12100 – 11650 can be expected.

This article was syndicated by Elliott Wave International and was originally published under the headline [Video] Bollinger Band Basics. EWI is the world's largest market forecasting firm.

We can get information on the volatility from indicators such as the ATR or the Bollinger Band. The proximity to critical pivots is another important factor, as well as the relative wave length of the ...

We forecast Amazon's stock to drop to $155 within nine months due to a completed long-term Elliott Wave pattern ... a price decline to $155. Bollinger Bands indicates intermediate support for ...