Integrated Technical Analysis
fIgure 27.45 Sentiment Agreement the Daily S&P500 Chart.
Courtesy of Stockcharts.com27.3 Chapter Summary
In order to fully master the art and science of applying technical analysis effec-
tively in the markets, an integrated approach is imperative. We have seen how, in
basic terms, to combine various types of price and time based indicators to seek
out key reaction price zones in the markets. It is at the convergence of a collection
of bullish or bearish indications that practitioners find the most reliable action
points for participation in the markets.Chapter 27 Review Questions
- Explain what is meant by the term integrated technical analysis.
- List the types of clusters that can be found in the markets.
- Describe how you would integrate oscillators into your analysis of market
cycles. - Explain why one‐to‐one, two‐to‐one, and three‐to‐one chart pattern height
expansions are a significant part of risk management.