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- minstcptjk34
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- United States
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- https://theministerofcapitalism.com/blog/best-supply-and-demand-indicator/
- Short Bio
- A technical instrument that traders may use to find prospective trading opportunities in the market is the supply and demand indicator. The indicator may be used to spot markets that are either overbought or oversold by measuring the connection between supply and demand for securities. The indicator is created by dividing the total number of traded stocks by the difference between the number of advancing and decreasing stocks. If the reading is greater than 100, the market is overbought; if it is lower than -100, the market is oversold. The ability to discover prospective trading opportunities in the market makes this a handy tool for traders. The indicator should not, however, be utilized in isolation; rather, it should be a component of a larger technical analysis plan.
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- Member for
- 3 years 1 week