Technical Analysis: The Complete Resource for Financial Market Technicians, 3rd edition

The field's most comprehensive, reliable, and objective guidebook

Technical Analysis systematically explains the theory of technical analysis, presenting academic evidence both for and against it. Using hundreds of fully updated illustrations and examples, the authors explain the analysis of both markets and individual issues, and present complete investment systems and portfolio management plans. They present authoritative, up-to-date coverage of tested sentiment, momentum indicators, seasonal effects, flow of funds, testing systems, risk mitigation strategies, and many other topics.

Technical Analysis covers advances in pattern recognition, market analysis, and systems management; new confidence tests; popular methods such as Kagi, Renko, Kase, Ichimoku, Clouds, and DeMark indicators; innovations in exit stops, portfolio selection, and testing; and the implications of behavioural bias; and the recent performance of old formulas and methods. For traders, researchers, and serious investors alike, this is the definitive book on technical analysis.