Commodity Channel Index (CCI)

The Commodity Channel Index (CCI) measures the difference between the current price and the historical average price. High readings of 100 or above, indicate the price is well above the historic average and we are in an uptrend. Low readings below -100, indicate the price is well below the historic average and the commodity (Or any other instrument) is in a strong downtrend. 🔑The best time to short is when we are in a downtrend and the indicator retraces down from the area between 0 and +100. 🔑Best time to buy is when we are in an uptrend and the indicator crosses the zero line from above to below.

FOR THE LINK TO THE VIDEO, PLEASE CLICK HERE