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
The Spirit of Technical Analysis
In my opinion the Market Dynamics version of technical analysis is a tool for judging long-term trends and the reversals of direction of those trends. It is not a tool for prediction.
It has certain rules but it is more or less an art form – I certainly don’t believe it is scientific.
It helps in a majority of cases (65% to 75% estimate by WCA) and fails in others or at least the trends quickly change direction from what was hoped for!
If I can correctly gauge the direction of the long-term trend I will be able to advise and manage my portfolios successfully. If Market Dynamics is used with discipline - it will require the sale of losers and the retention of winners as long as they are able to perform. That, after all, is the key to successful portfolio management. WCA
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