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Forex Trading


A 3-day moving average of these points is often used to define the channel. The RMI ranges from 0 to 100, with readings above 70 indicating an overbought market and readings below 30 suggesting an oversold market. However, while these signals are effective in range-bound markets, they may be less reliable in markets with strong[…]

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The index also closed above its upper Bollinger Band yesterday, which is another bullish sign. Having exposure to small-cap stocks is an ideal way for risk-tolerant investors to diversify their portfolios. The Russell 2000 is a weighted index fund that incorporates the 2,000 smallest companies in the Russell 3000 Index. The RUT closed above its[…]

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