TECHNICAL ANALYSIS

Technical analysis enables an individual to analyze markets in which he has no fundamental expertise. While each market has its own individual characteristics, they must be isolated and identified through historical research. There is no single technical tool or grouping of tools that will work in all markets, and the use of cycles is simply another technical tool, but one that serves as the ‘rule’ that brings the technical picture into focus through the use of time.

Technical tools, combined with cycles and oscillators, give price levels that will provide support and resistance, often allowing you to anticipate Trends and Trend Reversals.