Snow days in NYC by Ryan Millier
Force Index Introduction The Force Index is an indicator that uses price and volume to assess the power behind a move or identify possible turning points. Developed by Alexander Elder, the Force Index was introduced in his classic book, Trading for a Living. According to Elder, there are three essential elements to a stock's price movement: direction, extent and volume. The Force Index combines all three as an oscillator that fluctuates in positive and negative territory ...
US Dollar May Fall Further as Trump Inauguration Nears The US Dollar may continue to weaken as disillusioned traders continue to scale back exposure to the so-called “Trump trade” ahead of the nearing Presidential inauguration. Rising U.S. CPI, Hawkish Fed Rhetoric to Tame USD/JPY Pullback The failed run at the December high (118.66) keeps the near-term outlook for USD/JPY tilted to the downside, but the key developments ...