As such, it’s used to indicate the overall health of the economy and the specific sectors that are included in the index. The performance of the index allows investors to understand the performance of a part of the economy and make investment decisions based on that data. That’s because they are made up of stocks […]
Monthly Archives: June 2020
For those unfamiliar with this theory, the Elliott Wave theory suggests that the price action always moves in corrective and motive waves. According to Elliot, the market alternates between the motive and corrective waves, and the corrective wave is where we can find the simple ABC. As prices tend to move in waves, many chart […]