Skip to Content
Technical Analysis: Power Tools for Active Investors
book

Technical Analysis: Power Tools for Active Investors

by Gerald Appel
March 2005
Intermediate to advanced
264 pages
6h 55m
English
Pearson
Content preview from Technical Analysis: Power Tools for Active Investors

The 18-Month Market Cycle with a Rate of Change Confirming Indicator

Synergy Between Rates of Change and Cyclical Patterns

Chart 5.5 further demonstrates the regularity and power of significant market cycles—in this case, the powerful 18-month market cycle that produced very regular and powerful market fluctuations for the full nine-year period between March 1995 and March 2004. The idealized cycle lines shown on the chart are evenly spaced. Virtually no adjustment appears required to allow for the usual variances in the actual lengths of time between cycles, particularly cycles of this length.

Chart 5.5. The Standard & Poor’s 500 Index and the 18-Month Cycle (March 1995–March 2004)

Longer-term market cycles often break up into 18-month cycles, ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition

Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition

Tushar S. Chande
The StockTwits® Edge: 40 Actionable Trade Set-Ups from Real Market Pros

The StockTwits® Edge: 40 Actionable Trade Set-Ups from Real Market Pros

Philip Pearlman, Howard Lindzon, Ivaylo Ivanhoff

Publisher Resources

ISBN: 0131479024Purchase book