The IndeX Files 10-01-2023
Choppy Start to 2023 For MarketsIt’s been a muddy start to the year for equities markets with choppy actions seen across the globe. Early in January we’re seeing some clear divergence between different regions with European stocks currently noting the best performance while US stocks have been wrangled back from initial highs.Looking at the broader […]
Manheim used vehicle index +0.8% m/m
Prices up 0.8% m/m seasonally adjusted Unadjusted -1.9% December prices +0.8% Largest annual decline in series history at -14.9% Full report This is the index for the second-half of December. Days supply is still about as tight as a year ago but there are some murmurs about supply coming online and that should also be […]
Market Update – January 9 – USD Index falls 9% from peaks
Trading Leveraged Products is risky Treasury and Wall Street soared on the heels of the NFP data where the net effect is a tempering in Fed rate hike expectations. The markets are cheering the cooling in wage growth and a softer but still resilient labor market. The erosion in the service sector is a bit […]
Dollar Index (DXY) Eyes U.S. CPI
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure […]
Stochastic Momentum Index Blau SMI Indicator for MT5
Introduction to the Stochastic Momentum Index Blau SMI Indicator The Stochastic Momentum Index (SMI) was developed by William Blau, which is a smooth oscillator based on the Stochastic Momentum Indicator. This indicator is a version of the SMI Indicator based on the original formula made by William Blau. What is the Stochastic Momentum Index Blau […]
S&P index approaches, but closes below 200 hour MA. Monday will be a key day ahead of CPI
The US major indices are closing higher on the day and for the week. All the major indices are closing with gains over 2% on the day. For the week the gains are from around 1% to 1.5% for the major indices. The final numbers are showing: Dow industrial average rose 700.53 points o 2.13% […]
HFM’s Outlook 2023: USA and the USD Index
The USA and the US Dollar – 2023 Outlook 2022 was a year that was extremely unpredictable, volatile, and unstable for the global economy, as global currencies came under extreme pressure with wild swings, reaching unprecedented levels. The year was a tough one for global bonds and stocks, so good riddance. In 2023, attention will […]
Advanced ADX and Vigor Index Confluence Forex Trading Strategy
In trading, confluence pertains to having several strategies, signals, indications or trade setups that indicate that price is moving in a certain direction. There are several sources of indications regarding price that could be a part of a confluence of signals. It could be from a price pattern or candlestick pattern. It could also come […]