The world of technical analysis is complex, but with a working knowledge can be applied to virtually any market. Here we introduce you to 10 important rules of technical trading first described by technical trading legend John J. Murphy.
Markets had a 12% correction and that appears to be it. For now. The Dow is in the process of violating a perfect setup where it could’ve jumped off the ledge. Here’s a lesson I learned about 14 years ago. Unlike many who got their training in the old Internet bubble go-go days, I cut my teeth in the bear that followed.