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.