Pivot points are a system of support and resistance lines that can be calculated based on the previous day’s trading action. Pivot points are commonly used by day traders since they identify potential levels for long or short trades as well as limit and stop orders....
ConnorsRSI is a technical analysis indicator developed by Connors Research that aims to quantify momentum in prices. Essentially, it improves upon the Relative Strength Index (RSI) originally developed by Welles Wilder by using a short-term reading of RSI, in...
The subject of much debate and discussion in the media and wider trading community, the VIX is a misunderstood index. Referred to as the “fear index” in financial media, the VIX is simply a formula that indicates the implied volatility of the S&P 500 over a 30 day...
The advance/decline ratio is a popular and common metric that traders and financial managers alike use to gauge market sentiment. The ratio simply gives an indication of the number of stocks that gained in value relative to the number of stocks that lost value over a...