V. 20:4 (87-88): Working Money: Commodity Channel Index by Amy Wu
Product Description
Working Money: Commodity Channel Index by Amy Wu
How can you tell when a new trend is beginning?
The consensus is that the markets have hit a bottom and are starting to show signs of recovery. To find out whether this is true, you can apply the commodity channel index (CCI), an indicator useful for determining the beginning and end of a trend.
Introduced by Donald Lambert in 1980, the commodity channel index is a price momentum indicator that measures the degree of variance of a security price from its statistical mean. Although originally developed for trading commodities, the CCI can be used just as easily on stocks or any other type of security.
How can you tell when a new trend is beginning?
The consensus is that the markets have hit a bottom and are starting to show signs of recovery. To find out whether this is true, you can apply the commodity channel index (CCI), an indicator useful for determining the beginning and end of a trend.
Introduced by Donald Lambert in 1980, the commodity channel index is a price momentum indicator that measures the degree of variance of a security price from its statistical mean. Although originally developed for trading commodities, the CCI can be used just as easily on stocks or any other type of security.
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