Economic Calendar page 2

Key events:         UK – Composite PMI (Feb) UK – Services PMI (Feb) USA – ISM Non-Manufacturing PMI (Feb) The U.S. stock market ended February uncertain, leaving investors questioning whether the rally seen earlier this year will continue. After a strong January, the Dow Jones Industrial Average fell 4.2% in February. For the rest of the year, the blue-chip index shows a decline of 1.5%.

Most traders and experienced investors use technical analysis tools – indicators – in their work on the stock market. What are their differences, what are they for, and which indicator is better to use?   What are Indicators, and Why Do We Need Them? Technical analysis is based on Charles Dow's postulate that "the price discounts everything", including expectations of future events. Accordingly, it is enough to find an appropriate mathematical algorithm for price data processing to predict the behavior of securities quotes.