Written by John O’Donnell, Online Trading Academy
The Chart of the Week
There are a number of indicators that have been used to identify market tops and bottoms. This week’s chart shows how one of these has accurately marked both market tops in the current century (2000 and 2007), and both market bottoms (2002 and 2009) as well.
Discussion of finding market tops and bottoms after the Read more >> jump.
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Source: YouTube
See also this video.