Forecasters proclaim the market’s direction based on a variety of indicators, but their usefulness is in doubt. This article looks at six major market indicators and their track record in navigating ...
Technical analyst Benjamin Cowen suggests the Bitcoin (CRYPTO: BTC) market may be repeating patterns from 2019, cautioning against expectations of an imminent bull run. What Happened: In a detailed ...
High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident indicators. There were no significant ...
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
Bitcoin’s (BTC) price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head-and-shoulders pattern is confirmed, according to a ...
The stock market is following a rare pattern that could signal big gains next year, NDR said. The S&P 500 rallied for five months straight this year, followed by three consecutive months of losses. In ...