Technical_Analysis_page_172

Technical | Analysis page 172 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 8 Measuring Market Strength 143 and, thus, a lower peak in the oscillator is suspect. At market bottoms, the opposite appears to be true and reliable. Finally, trend lines can be drawn between successive lows and highs that, when penetrated, often give excellent signals similar to trend…