Few technical indicators to be utilized for broad level stories
Chaikin Money Flow Principle: The closer the closing price is to the high, the more accumulation has taken place. On the other hand, the closer the closing price is to the low, the more distribution occurs So, if the price action consistently closes above the bar's midpoint on increasing volume, the CMF would be positive. If the price action closes below the bar's midpoint on increasing volume, the CMF would be negative The trend in price, along with CMF>0 indicates the strength of the trend; Also, c heck for price-action vs CMF divergence/convergences for confirming the strength of the trends Money Flow Index Principle: It's a momentum indicator that measures the flow of money into and out of the security over time. It is related to RSI but while RSI only takes price into account, it also takes volume into account It is somewhat similar to CMF. In this, the price (avg of high, low, and close) is calculated. Next, money flow is calculated by multiplying this avg price by