Technical analysis explained the successful investor's guide to spotting investment trends and turning points
Martin J. PringThe face of investing has significantly changed in the 30 years since
this book's first publication, but one essential component of the
markets has not--human behavior. Whether you're trading cornerstone
commodities or innovative investment products, observing how investors
responded to past events through technical analysis is your key to
forecasting when to buy and sell in the future. This fully updated fifth
edition shows you how to maximize your profits in today's complex
markets by tailoring your application of this powerful tool. Tens of thousands of individual and professional investors have used
the guidance in this book to grow their wealth by understanding,
interpreting, and forecasting significant moves in both individual
stocks and entire markets. This new edition streamlines its
time-honored, profit-driven approach, while updating every chapter with
new examples, tables, charts, and comments that reflect the real-world
situations you encounter in everyday trading. Required reading among
many professionals, this authoritative resource now features:
technical indicators that measure investor confidence, as well as an
introduction to Pring's new Special K indicator Expanded coverage on the
profit-making opportunities ETFs create in international markets,
sectors, and commodities Practical advice for avoiding false,
contratrend signals that may arise in short-term time spans Additional
material on price patterns, candlestick charts, relative strength,
momentum, sentiment indicators, and global stock market.
Properly reading and balancing the variety of indicators used in
technical analysis is an art, and no other book better illustrates the
repeatable steps you need to take to master it…