Technical_Analysis_page_262

Technical | Analysis page 262 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 12 Trends—The Basics 233 JNJ - Johnson & Johnson, Created using TradeStation FIGURE 12.6 =DeMark-Williams reversal points (JNJ daily: May 7, 2009-July 16, 2009) Percentage Method Another method of identifying significant troughs is by deciding beforehand how much the price should decline…