Spectral Forecasting And The Financial Markets by Denis Ridley, Ph.D..
ARTICLE SYNOPSIS ...Spectral Forecasting And The Financial Markets
by Denis Ridley, PhD.
Ever considered spectral wave analysis to determine cycles in the stock market? Denis Ridley tells you
As a rule, the financial markets are not easy to forecast. While forecasting every future value of the
index is not a reasonable objective, predicting sharp changes in very short-term trends is useful for
trading, and that is really all that should matter to the trader. While we cannot and will not prove or
disprove the random walk theory, we will look at some predictable elements that do exist in the DJIA and