Force index turning positive
Elder's force index crossing above zero — price change and volume agreeing the dip is done.
Force index is simply the day's price change multiplied by its volume, smoothed: it is negative while sellers have both direction and size, and it crosses zero when that stops being true. Alexander Elder designed the zero cross as a pullback entry inside an uptrend, which is what the 50-day condition restores this scan to.
More reversals:RSI oversold turning upRSI overboughtGolden crossDeath crossMACD bullish crossover
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