JS Index is designed to make your trading decision regarding Steem a walk in the park. Click on the link for more info what it is.
I intend to do the daily update somewhat later during the day. But as the time will vary, from now on I will also include the hour for which the Index was calculated.
Today “the exchange held funds ingredient” saw one of its rare increases, although not very significant one. More importantly today “the NON-exchange held funds” part of the index saw a second consecutive day of large (historically) changes. An exiting times might be ahead! Time to see if this part correctly predicts/estimates/offsets future changes in the exchange held funds
Steem price: 0.001548 BTC/Steem or about $0.88
Past Values:
546.29 - JS Index for 08/31/2016 16:00 UTC; Steem Price: 0.001628 BTC /Steem or about $0.93
The chart above is for the period 07/26-09/01 of the JS Index and the price of Steem.
My Thoughts for today.
Those are just thoughts of mine. Do not take them as trading advice because they are not!!!
The JS Index is virtually unchanged from yesterday. Same thoughts on buying selling as yesterday.
