AI
Thursday, November 17, 2016 11:17:07 AM
The Commodity Channel Index (CCI) can be used as either a coincident or leading indicator. As a coincident indicator, surges above +100 reflect strong price action that can signal the start of an uptrend. Plunges below -100 reflect weak price action that can signal the start of a downtrend.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:commodity_channel_index_cci
All imo and in my hope, no guarantee that anything that i post/ write will happen! Do your own DD!
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