In this video Jeffrey A. Hirsch, editor-in-chief of the Stock Trader's Almanac, discusses the Holiday Trading. The Stock Trader’s Almanac has tracked holiday seasonality annually since the first edition in 1968. Stocks used to rise on the day before holidays and sell off the day after, but now each holiday moves to its own rhythm. Read the related article.
What does the behavior of the relative strength index within a trend tell you about the strength of the trend?
Support and resistance are basic tools used by traders to identify key reversal areas. Here’s a look at the basics of support and resistance levels and how to determine which levels might be important in the future.
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