The Trade Index

What Are The Trade Winds Telling Us? 

INDEX STRENGTH: +5

Headwinds are forming.  Sellers came in after a strong opening.  The short term index is weakening and once again is at support with a +1 reading.  The long-term strategic index continues to show strength and remains at +4.  Covid-19 news, stimulus talks, and the US election outcome are the main factors to watch.  October 17, 2020.  4 pm ET. 

Previous Close:

+6

One Week Ago:

+9

Maximum Tailwinds = +10 (Bullish)

Maximum Headwinds = -10 (Bearish)

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