4.4.5 Trading market tool kit application
1) Moving Averages — Fade breakouts
2) RSI, and Oscillators — Sell overbought, buy oversold
3) Stochastic — Sell crossovers to downside and buy crossovers to upside
4) On-Balance Volume and Tic Volume — Useless as forecasting indicators but can be viable as confirming indicators
5) Elliott Wave — Verifies the existence of trading market via fl at-type corrections classification and shows possible end of trading range