ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (78-79): Momentum Indicators and Market Cycles by John Nicholas Here's an article we originally published 23 years ago, two years after Technical Analysis of STOCKS & COMMODITIES broke ground, proving that, yes, cycles are enduring. The techniques used for stock and commodity analysis range from the naïvely simple to the stunningly complex. Some are based on sound mathematical and philosophical principles while others border on witchcraft. This article discusses one major indicator and how it relates to price movement. We often hear the markets described as "over...
ARTICLE SYNOPSIS ...Momentum Indicators and Market Cycles by John Nicholas The techniques used for stock and commodity analysis range from the naively simple to the stunningly complex. Some are based on sound mathematical and philosophical principles while others border on witchcraft. This article discusses one major indicator and how it relates to price movement. We often hear the markets described as ""overbought"" or ""oversold"". Usually ""oscillators"" are used to help define these conditions. These same ""oscillators"" were called ""momentum"" by Larry Williams. In statistics, they are termed ""moving per...