The JP225 cash index has had a muted start in 2023 compared to other equity indices. It is trading in the tight 25,603-26,550 range lacking a clear direction. The Average Directional Movement Index (ADX) is currently trading below 25, confirming a trendless market, while the stochastic oscillator is hovering purposelessly around the 20-level mark. However, a strong signal appears […]
The post JP225 Cash Index Trades in Tight Range as SMA Convergence Flashing Red appeared first on Action Forex.
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