The Money Flow Index is an incredible momentum indicator. It tracks the price and volume of the stock and is similar to RSI. If using MFI within your trading you want to find stocks that have just bounced off that +20 line as that is a potential bullish reversal play.
We wrote this blog post on MFI here: https://www.atxtradingco.com/single-post/MFI
Let us know what you think!
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