The US 100 cash index is trading sideways following a climb of 900 points since December 28. This upward move appears to enjoy the universal support of the momentum indicators. The Average Directional Movement Index (ADX) is moving aggressively higher, and the stochastic oscillator is just below its overbought territory. Even the usually conservative RSI is hovering comfortably […]
The post US 100 Cash Index Trades Sideways Following Strong Start to New Trading Year appeared first on Action Forex.
