As a result, moving averages can be drawn as lines on stock charts— and some traders look to them for buying and selling signals. The chart below shows the price of Apple (AAPL) — one of the largest companies in the S&P 500 by market cap — in red and green candlesticks, its 50...
A final note on the correction the market has seen so far: The drawdown that the S&P 500 has seen this year (so far) was -12.4% as of Monday’s close of this week (March 7th). The short time it took for the drop to happen and the turmoil surrounding it has, in many ways, mad...
So we’re going to get into it in a bit more detail. I’m going to show you the chart and if you’re interested in market structure and you want to learn a little bit more about how market makers work, how these high frequency trading algorithms work, then make sure you check out ...
Remember that TRIX generates more accurate (but fewer) signals when used in higher timeframes. In shorter timeframes, the indicator tends to give false signals. When paired with other technical analysis or fundamental analysis tools, TRIX can help traders to get accurate signals....