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confidence indicator

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Financial Dictionary

confidence indicator

A measure of investors' faith in the economy and the securities market. A low or deteriorating level of confidence is considered by many technical analysts as a bearish sign. See also Barron's Confidence Index, Standard & Poor's Confidence Indicator.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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