4

TYPICAL PARAMETERS FOR INTERMEDIATE TRENDS

Questions

Subjects to Be Covered

The relationship between intermediate and primary trends

The importance of intermediate trends

Differentiating between pro- and countertrends

Reasons for intermediate trends

The nature of intermediate trends

1. Why is it helpful to have an understanding of the character and duration of a typical intermediate trend?

A. To help asses when the next short-term trend will begin

B. To help assess when the next primary trend is likely to begin

C. To improve success rates in trading

D. B and C

2. Recognizing that there are numerous exceptions to this rule, in classic technical theory, how many intermediate trends does a primary trend comprise?

A. 7

B. 3

C. 5

D. None of the ...

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