The Commodity Channel Index Revisited by Jeanette Schwarz Young
ARTICLE SYNOPSIS ...Commodity Channel Index Revisited by Jeanette Schwarz Young
Traders use technical tools in different ways at different times. Here, then, is one trader's idea on how to use this technical tool to identify major market trends.
Technical tools continue to gain importance in the market trading environment today. Unfortunately, there seems to be no single indicator that can be used to give consistently correct signals. While many technicians prefer the relative strength index and others prefer stochastics or the moving average convergence/divergence (MACD), one of my favorites is the commodity c...