Technical Analysis Explained, 4th Edition, is today's best resource for making smarter, more informed investment decisions. This straight-talking guidebook details how individual investors can forecast price movements with the same accuracy as Wall Street's most highly paid professionals, and provides all the information you will need to both understand and implement the time-honored, profit-driven tools of technical analysis.

• Completely revised and updates for the technologies and trading styles of 21st century markets, it features:
• Technical indicators to predict and profit from regularly occurring market turning points
• Psychological strategies for intuitively knowing where investors will seek profits and arriving there first!
• Methods to increase your forecasting accuracy, using today's most advanced trading techniques

Table of Contents:

• Part 1 Trend-Determining Techniques
  • The Market Cycle Model
  • Financial Markets and the Business Cycle
  • Dow Theory
  • Typical Parameters for Intermediate Trends
  • Price Patterns
  • Smaller Price Patterns
  • One and Two Bar Price Patterns
  • Trend lines
  • Moving Averages
  • Momentum Principles
  • Individual Momentum Indicators I
  • Individual Momentum Indicators II
  • Candle Charts
  • Point and Figure Charting
• Part 2. Market Structure
  • The Major Averages
  • Group Rotation
  • Long-Term Cycles
  • Practical Identification
  • Volume: General Principles
  • Breadth
• Part 3. Other Aspects of Market Behavior
  • Why Interest Rates Affect the Stock Market
  • Sentiment Indicators
  • Applying Technical Analysis to the Theory of Contrary Opinion
  • Checkpoints for Identifying Primary Stock Market Peaks and Troughs
  • Automated Trading Systems
  • Technical Analysis of Global Stock Markets