
Technical | Analysis page 320 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 14 Moving Averages 291 is usually followed by a dynamic period. This phenomenon can be seen in Figure 14.8 with the low ADX value associated with the sideways price movement at mid May, followed by a strong upward price trend. Thus, a low ADX period is when the trader or investor should be…