Momentum is a generic term embracing many different types of oscillators.
Momnentum measures the rate at which prices rise or fall and gives usful indication of latnet strength or weakness in a prce trend. This is because prices usually rise at their fastest pace well ahead of their peak .
Since markets generally spend m,ore time in a rising than a falling phase, the lead characteristic of mementum indicators is normally greater during rallies than during reactions.
Oscillators reflect market sentiment and have different charactersistsics in primary bull and bear markets.
There are two basic methods of interpreting momentum: momentum characteristics and momentun trend reversal
Momentum singlas should always be used in conjunction with a trend-reversal signal by the actual price.
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