CMF—Chaikin Money Flow
Changes Anticipating Price Reversal
Michael C. Thomsett
Every technician or speculator in the trading universe is on the lookout for a magic sign giving them the jump on everyone else—a simple, easily interpreted, and reliable red flag anticipating the newest price turn easily and consistently. That absolute magic sign doesn’t exist, but there is an indicator that adds a lot to your timing and comes close to the ideal in terms of strength and reliability.
The traditional chart patterns technicians rely upon to spot price movements include several types of analysis. The basic price pattern (seen through trends like breakouts, head and shoulders, double top and bottom, triangles, moving average convergence/divergence, and ...
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