Archive for ‘CCI’

Emini Trading and the Commodity Channel Index

By , 20 July, 2009, No Comment

The indicator generally is used to in determining whether a commodity is overbought or oversold, which is indicated by reading above or below the 100 and -100 lines. The general thinking is that when the indicator is over the 100 line, for example, the price will correct to more normal levels between the 100 lines.

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