Erol, Umit - In: Journal of capital markets studies 1 (2017) 1, pp. 74-88
Purpose - The purpose of this paper is to show that major reversals of an index (specifically BIST-30 index) can be … (approximation level 1) and D3 (detail level 3) wavelet components. Findings - Paper investigates ten major reversals of BIST-30 … reversal identification. This is evidently so for the BIST-30 index and the use of extreme outliers for this purpose is also a …