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14.6 Application to crude oil futures

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The Continuous Wavelet Transform and Discrete Wavelet Transform were both used in the non-linear and aperiodic Crude Oil Futures signal. It allowed us to see possible periodicity and trends within the signal. The next two figures shows us both the Continuous and Discrete wavelet transforms.

Crude oil futures continuous wavelet transform

A dog sitting on a bed
Continuous Wavelet Transform of Crude Oil Futures.

Level 3 approximation of crude oil futures

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The Level 3 Approximation of Crude Oil Futures.
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Source:  OpenStax, Elec 301 projects fall 2011. OpenStax CNX. Jun 18, 2012 Download for free at http://cnx.org/content/col11431/1.1
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