Technical Analysis Explained : The Successful Investor's Guide to Spotting Investment Trends and Turning Points

by Pring, Martin J.

• ISBN13: 9780071381932
• ISBN10: 0071381937
• eBook ISBN(s): 9780071816199
• Additional ISBN(s): 9780071825177
• Edition: 4th
• Format: Hardcover
• Copyright: 2002-02-20
• Publisher: McGraw-Hill
• More Book Details
• Purchase Benefits

Summary

Pring exposes individual investors to the value and legitimacy of technical analysis and provides the basic knowledge needed to understand, interpret, and predict major market moves. 250 illustrations.

Author Biography

Martin J. Pring is the highly respected president of Pring Research (www.pring.com), editor of the newsletter The Intermarket Review, and one of today's most influential thought leaders in the world of technical analysis. The author of McGraw-Hill's Martin Pring on Technical Analysis series, Pring has written more than a dozen trading books and has contributed to Barron's and other national publications. He was awarded the Jack Frost Memorial Award from the Canadian Technical Analysts Society.

Table of Contents

Preface	xi
Acknowledgments	xiv
Introduction	1	(12)
Part I. Trend-Determining Techniques	13	(316)
The Market Cycle Model	15	(11)
Financial Markets and the Business Cycle	26	(10)
Dow Theory	36	(14)
Typical Parameters for Intermediate Trends	50	(13)
Price Patterns	63	(35)
Smaller Price Patterns	98	(13)
One- and Two-Bar Price Patterns	111	(25)
Trendlines	136	(18)
Moving Averages	154	(25)
Momentum Principles	179	(32)
Individual Momentum Indicators I	211	(26)
Individual Momentum Indicators II	237	(20)
Candle Charts	257	(20)
Point and Figure Charting	277	(10)
Miscellaneous Techniques for Determining Trends	287	(17)
The Concept of Relative Strength	304	(18)
Putting the Indicators Together: The DJ Transports 1990-2001	322	(7)
Part II. Market Structure	329	(132)
Price: The Major Averages	331	(21)
Price: Group Rotation	352	(12)
Time: Longer-Terms Cycles	364	(27)
Practical Identification of Cycles	391	(6)
Volume: General Principles	397	(12)
Volume Oscillators	409	(26)
Breadth	435	(26)
Part III. Other Aspects of Market Behavior	461	(132)
Why Interest Rates Affect the Stock Market	463	(22)
Sentiment Indicators	485	(26)
Applying Technical Analysis to the Theory of Contrary Opinion	511	(15)
Checkpoints for Identifying Primary Stock Market Peaks and Troughs	526	(13)
Automated Trading Systems	539	(25)
Technical Analysis of Global Stock Markets	564	(10)
Technical Analysis of Individual Stocks	574	(19)
Epilogue	593	(2)
Appendix The Elliott Wave	595	(5)
Glossary	600	(4)
Bibliography	604	(5)
Index	609