Smart Money Index: what you should know about this sentiment indicator

The Smart Money Index (SMI), also called the Smart Money Flow Index by Bloomberg, is a technical indicator that is supposed to gauge “smart money” vs. “dumb money” in the U.S. stock market. The concept behind the Smart Money Flow Index is simple. The SMI states that The “dumb money” trades during the first half … Continue reading Smart Money Index: what you should know about this sentiment indicator