CHAPTER 8
Point and Figure Analysis: Modern Developments in an Old Technique
JEREMY DU PLESSIS
One can hardly describe the point and figure chart as a “breakthrough in technical analysis,” but in its 130-year history, this measure of price changes has had many breakthroughs. That’s because, unlike other chart types, point and figure analysis has not stood still, but has adapted to the changing times and technology. Even its name changed during its early development. This chapter highlights the changes to point and figure charts during their first one hundred years and discusses the new thinking and interpretation of this veteran strategy.
Point and Figure Charts: One Hundred Years of Change
Point and figure analysis started life on the trading ...