 The JP225 cash index has had a muted start in 2023 compared to other equity indices. It is trading in the tight 25,603-26,550 range lacking a clear direction. The Average Directional Movement Index ADX is currently trading below 25, confirming a trendless market, while the stochastic oscillator is hovering purposelessly around the 20-level mark. However, a strong signal appears ... The post JP225 Cash Index Trades in Tight Range as SMA Convergence Flashing Red appeared first on Action Forex... 