According to Merriam-Webster’s dictionary, a trend is a “prevailing tendency or inclination.” As it pertains to active trading, a trend is a directional move in evolving price action. Generally speaking, there are two ways in which a market may trend: bullish (up) or bearish (down).
basic futures trading
Alongside the Standard & Poor’s 500 (S&P 500) and NASDAQ Composite (NASDAQ) equities indices, the Dow Jones Industrial Average (DJIA, DOW) is a leading barometer of U.S. economic performance. Subsequently, DJIA futures charts are some of the most widely referenced market technicals in the world.
In the arena of active futures trading, technical analysis is king. It’s certainly a popular and viable trading methodology, but the discipline has one major pitfall: analysis paralysis. In this blog article, we’ll break down this concept and give you a few tips on how to overcome analysis paralysis.