{"product_id":"v20456doeshe","title":"V. 20:4 (56-58): Does The Head \u0026 Shoulders Formation Work? by Martin Boot","description":"Does The Head \u0026amp; Shoulders Formation Work? by Martin Boot\u003cbr\u003e\u003cbr\u003eRarely will you come across a technique that detects an\nimminent change in trend, but heres a method that can\nhelp you do just that.\u003cbr\u003e\u003cbr\u003eThe head and shoulders pattern has\nlong been considered one of the most\nreliable in technical analysis. That\nshould mean that more often than\nnot, every trader can make high\nreturns on their holdings.\nUnfortunately, its not that simple.\u003cbr\u003e\u003cbr\u003eI am engaged in a major research project involving\nstatistical analysis of 8,513 New York Stock Exchange\n(NYSE) and Nasdaq stocks over a four-year period. I\ntest well-known technical indicators as well as technical\npatterns, and the results have been revealing. They\nseem to be more in sync with daily trading practices\nthan other results I have found in the literature. Recently,\nI completed my study of the well-known head and\nshoulders pattern, which is considered to indicate and\neven predict a change in trend. Here are the results.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133918343537,"sku":"\\V20\\C04\\071HEAD.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c50e0c85-1214-4266-b9d2-dff7570d0408.jpg?v=1739657209","url":"https:\/\/shop.traders.com\/products\/v20456doeshe","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}