The oldest ways of chart analysis had to work in the days before computers (B.C.). There’s no reason they shouldn’t work now. Here’s a look at peaks and troughs, a classic form of chart analysis that worked B.C. and work now.
Divergence, which is a term that technicians use when two or more averages or indices fail to show confirming trends, is one of the mainstays of technical analysis. Here’s a new way to use oscillators and divergence as well as methods to locate entry levels during a trend.
by Bruce Babcock