Technical_Analysis_page_187

Technical | Analysis page 187 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

158 Part Il_ Markets and Market Indicators below their 30-week moving average declines below 30%, the market is at or close to a bottom. Investors Intelligence, Inc., popularized this indicator. They have developed other rules for action between the 30% and 70% levels that follow intermediate-trend…