TY - BOOK AU - Pring, Martin J. TI - Technical analysis explained: the successful investor's guide to spotting investment trends and turning points SN - 9789339205102 U1 - 332.6322 PY - 2021/// CY - New Delhi PB - McGraw Hill Education (India) Pvt. Ltd. KW - Investment analysis N1 - Preface ix Part I: Trend-Determining Techniques 1. The Definition and Interaction of Trends 3 2. Financial Markets and the Business Cycle 17 3. Dow Theory 29 4. Typical Parameters for Intermediate Trends 41 5. How to Identify Support and Resistance Zones 55 6. Trendlines 70 7. Basic Characteristics of Volume 97 8. Classic Price Patterns 115 9. Smaller Price Patterns and Gaps 166 10. One- and Two-Bar Price Patterns 186 11. Moving Averages 209 12. Envelopes and Bollinger Bands 233 13. Momentum I: Basic Principles 246 14. Momentum II: Individual Indicators 279 15. Momentum III: Individual Indicators 311 16. Candlestick Charting 340 17. Point and Figure Charting 373 18. Miscellaneous Techniques for Determining Trends 383 19. The Concept of Relative Strength 401 20. Putting the Indicators Together: The DJ Transports 1990–2001 423 Part II: Market Structure 21. Price: The Major Averages 431 22. Price: Sector Rotation 455 23. Time: Analyzing Secular Trends for Stocks, Bonds, and Commodities 471 24. Time: Cycles and Seasonal Patterns 499 25. Practical Identification of Cycles 525 26. Volume II: Volume Indicators 531 27. Market Breadth 560 Part III: Other Aspects of Market Analysis 28. Indicators and Relationships That Measure Confidence 593 29. The Importance of Sentiment 610 30. Integrating Contrary Opinion and Technical Analysis 635 31. Why Interest Rates Affect the Stock Market 653 32. Using Technical Analysis to Select Individual Stocks 673 33. Technical Analysis of International Stock Markets 694 34. Automated Trading Systems 713 35. Checkpoints for Identifying Primary Stock Market Peaks and Troughs 739 Epilogue 753 Appendix: The Elliott Wave 755 Glossary 761 Bibliography 767 Index 773 N2 - The guide technicians turn to for answers--tuned up to provide an advantage in today's global economy The face of investing has significantly changed in the 30 years since this book's first publication, but one essential component of the markets has not--human behavior. Whether you're trading cornerstone commodities or innovative investment products, observing how investors responded to past events through technical analysis is your key to forecasting when to buy and sell in the future. This fully updated fifth edition shows you how to maximize your profits in today's complex markets by tailoring your application of this powerful tool. Tens of thousands of individual and professional investors have used the guidance in this book to grow their wealth by understanding, interpreting, and forecasting significant moves in both individual stocks and entire markets. This new edition streamlines its time-honored, profit-driven approach, while updating every chapter with new examples, tables, charts, and comments that reflect the real-world situations you encounter in everyday trading. Required reading among many professionals, this authoritative resource now features: Brand-new chapters that analyze and explain secular trends with unique technical indicators that measure investor confidence, as well as an introduction to Pring's new Special K indicator Expanded coverage on the profit-making opportunities ETFs create in international markets, sectors, and commodities Practical advice for avoiding false, contratrend signals that may arise in short-term time spans Additional material on price patterns, candlestick charts, relative strength, momentum, sentiment indicators, and global stock markets Properly reading and balancing the variety of indicators used in technical analysis is an art, and no other book better illustrates the repeatable steps you need to take to master it. When used with patience and discipline, Technical Analysis Explained, Fifth Edition, will make you a better decision maker and increase your chances of greater profits ER -