New ChartSchool Articles on High-Low Index, Record High Percent Index
We've added new ChartSchool articles for some of the important Market Indicators like the various High-Low Indexes and the Record High Percent Index. Enjoy!
We've added new ChartSchool articles for some of the important Market Indicators like the various High-Low Indexes and the Record High Percent Index. Enjoy!
It’s been a slow week for economic data thus far, so it comes as some relief that today has finally given us something meaty to get our teeth into. Swedish headline CPI this morning dipped slightly below expectations at 0.0% MoM, 0.09% YoY, but it was somewhat of a mixed bag as underlying inflation ticked higher. Although the Riksbank recently hiked rates for the first time since the onset…
Some traders were encouraged by Wall Street’s gains but also cautious that the third up move in a 12-day stretch was the result of an oversold bounce that could quickly evaporate in the next volatile session