Know where the reversals lie above and below and you'll know when a rally decline continues or stops.
Technical analysis, a basket of widely adopted tools in investment, is generally useless for investors. Price action between congestion zones is meaningless. Know where the reversals lie above and below and you'll know when a rally decline continues or stops. Monthly reversals are stronger than weekly. Weekly are stronger than daily.
Reversals:
(Click on image to enlarge)
Content provided by Eric De Groot is intended as general information and not specific recommendations. Individuals are responsible for their own investment decisions. Past performance does not guarantee future performance. Opinions are based on historical research and data believed reliable, but there is no guarantee results will be accurate or profitable. Not responsible for errors or omissions. I may invest in the vehicles mentioned in my articles. Readers are encouraged to conduct their own research and due diligence and/or obtain professional advice before making any investment decision.
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