International Encyclopedia of Technical Analysis

advance/decline line advancing issues Barron’s bear market bearish breakout bull market bullish Candlestick charts chart closing price com­ commodity prices company’s computed con­ CRB index cycle daily declining issues decrease direction divergence DJIA Dow Jones Industrial Dow Theory downtrend downward example exponential moving average FIGURE futures contract gold higher increase interest rates investment investor long-term MACD mar­ market bottom market index market price market top momentum moving average negative NYSE occurs odd-lot open interest options oscillator overall market overbought P/E ratio peak period positive previous day’s price trend rally Relative Strength Index resistance level sell signal shares short ratio short sales short selling significant simple moving average stock prices support and resistance support level technical analysis Today’s trading day trading range trading volume trend reversal trendline trough typically U.S. dollar uptrend upward usually vol­ weekly yesterday’s