WHAT DOES STOCHASTICS TELL US?
The indicator itself basically shows where the closing price is in relation to the recent range. Instruments in bull markets tend to have their close near the high of the day in bull markets and near the low of the day in bear markets.
Keep reading with a 7-day free trial
Subscribe to Courtney Smith On Investing to keep reading this post and get 7 days of free access to the full post archives.