Technical analysis 101

1. Introduction to Technical Analysis

20. Summary - Med-Short Trends Example * Note how support and resistance level build at round numbers: 700, 800, 900… Strong down-trend Sideway Trend b/w 630-700 Uptrend Sideways Trend Retracement Starts at 700 and stops at 800 Retracement Uptrend stopped at 900 800 level induces a retracement 700 level breakout Small volumes Volume growth High Volumes 900 level broken Uptrend stopped at 1000 Up

21. How Should We Trade? Hold Buy long Sell Long Buy Short Hold short Sell Short