Reversals Make Traditional Technical Analysis Worthless

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)

 

Disclaimer: Content provided by Eric De Groot is intended as general information and not specific recommendations. Individuals are responsible for their own investment decisions. Past ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.