Understanding herd behaviour
Remember, the market is just a bunch of folks doing stuff. A herd. The behaviour of which can be observed, described, analyzed, and studied with mathematical and statistical tools.
Which is what we’ve been doing for a dozen years.
The result is a model that captures a particular characteristic of behaviour as observed in crowds, human or not, driven by a specific goal, under, at times, immense emotional pressure, even existential threat. Which is exactly what the market is.
Now, the particular crowd behaviour we chose to focus on is the re-emergence of momentum out of consolidation areas, of which we have written in the past extensively.
And today, the mathematical model that captures this particular pattern in crowd behaviour is embodied in a software product called The Remek! Momentum Pro Standalones.
You should study the first, get the second. Your trading account might just thank you for it.