Technical analysis explained the successful investors guide to spotting investment trends points Fifth Edition
The guide technicians turn to for answers--tuned up to provide an advantage in today's global economy
The 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:
Brand-new chapters that analyze and explain secular trends with unique 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 markets
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.
When used with patience and discipline, Technical Analysis Explained, Fifth Edition,
will make you a better decision maker and increase your chances of greater profits.