Technical_Analysis_page_319

Technical | Analysis page 319 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

290 Part Ill Trend Analysis DMI/ADX — DMl+ -77 DMI- extreme. Created using TradeStation FIGURE 14.8 = Directional Movement Indicators (CLB daily: February 2010-July 2010) Third, a DMI reaching an extreme level is often associated with a trend being at its maxi- mum slope. When this occurs, the…