Technical_Analysis_page_209

Technical | Analysis page 209 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

180 Part Il Markets and Market Indicators above —21%, a buy signal is generated, and when it crosses below 57%, a sell signal is generated. Eighteen months after a buy signal, the stock market has advanced on average 47.2%, and on sell signals it only advanced 2.0%. This has worked well in the…