Momentum And The S&P 500 by Michael Oliver and Gary Esayian
ARTICLE SYNOPSIS ...Momentum And The S&P 500
by Michael Oliver and Gary Esayian
As applied to market action, momentum is generally confined to some limited role such as measuring the
relationship between moving averages. But momentum can be much more. Michael Oliver and Gary
Esayian explain.
Momentum, the relative change in price over a specified time, can be used as a methodology of sorts
for market analysis. Momentum provides a measure of insight that goes far beyond simple price
confirmation. Price can be considered to be the veneer of a market, the side that is clearly visible to the
public. Beneath the s...
AUTHOR: Michael Oliver and Gary EsayianDATE: JAN 1993