Glossary of terms

  • Recession

    The basic definition of a recession is that it takes place when GDP falls for at least two consecutive quarters. However, this definition does not take into account other macroeconomic factors, such as, for example: unemployment. And economists believe that other factors, such as industrial production, consumer sentiment and capacity utilization should also be taken into account.

  • Rectangle

    The formation is also called a quadrangle, often promises a trend continuation, not its reversal. This system consists of two parallel horizontal lines through the maximum and minimum levels of price movements. A signal for the transaction occurs upon the breakdown of the top or bottom line, often with a correction movement.

  • Relative Strength Index (RSI)

    A technical analysis indicator that compares the movements of bullish and bearish closing prices over a given period of time. The RSI is used primarily to seek endorsements or predictions of signs of breakouts and changes in trends.

  • Resistance

    The price level in the uptrend, the breakdown of which is difficult. In the chart, resistances may be previous price peaks, previously broken down support, downtrend lines.