Market Dynamics Learn Relative Strength Point & Figure Charting
The Spirit of Technical Analysis
Region of serious under-performance
Extreme volatility - Shortest time period
High performance bullish support lines Example 1-2
High performance bullish support lines Example 3-4
High performance bullish support lines Example 5-6
High performance bullish support lines Example 7-8
High performance bullish support lines Example 9-10
Resistance below the bearish resistance line
Major long-term trends Example 1-2
Major long-term trends Example 3-4
Major long-term trends Example 5
Major long-term uptrends Example 1-2
Major long-term uptrends Example 3-4
Major long-term uptrends Example 5
Some thoughts about how the market works
Some thoughts about portfolio management
Relative strength study - real time - uptrends and downtrend lists published by WCA in 1999
Learn Relative Strength Point & Figure Charting
Major bases
example 1
The completion of the major base is signaled when the downward sloping bearish resistance line is exceeded. The width of the base must match the extent of the prior decline in order to go above the 45-degree bearish resistance line. This is a very practical rule that precludes premature entry into a stock prior to the completion of a sufficient base.
example 2
This stock has formed a major base and has broken out above the 45-degree bearish resistance line. It is still early in the move so we can’t know whether it will follow-through or not but the pattern looks promising.
example 3
A major base has taken over a year to complete. The move won’t be “for sure” until the relative strength can move above the recent resistance.
By W. Clay Allen CFA
Charting and Technical Analysis
This document explained like using the Technical Analisys applied to the Point & Figure Charting By W. Clay Allen CFA