Technical_Analysis_page_502

Technical | Analysis page 502 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 19 Cycles 473 Tillman’s analysis concentrates on what he calls focal points. Focal points occur when three or more half-cycle, centered, moving averages cross at roughly the same location. In Figure 19.18, only crossovers of two half-cycle moving averages (9-day and 18-day) are shown, but…