The head and shoulders pattern is generally considered as a reversal pattern. The pattern signals both upside and downside reversal. The concept behind this pattern is: Bearish Head & Shoulder
PURPOSE Moving averages tend to catch the trend, with some delay. This delay is a lag – average line ‘lags’ the price movement. New, zero lag averages try to minimize
1. PURPOSE In volatile markets, momentum oscillators often give false signal and sometimes move opposite to price direction. We have made some changes in RSI indicator so it does not
Markets all over the world have rallied after the U.S. Fed gave a hint that it may reduce the number of rate hikes next year. This rally has gained additional
Here, at S2 ANALYTICS, we give more emphasis on the market environment. There is a big difference between probability and forecasting. As market is very random in nature we can
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