EWI Releases the Ultimate Technical Analysis Handbook

Sep 23, 2009: 12:18 PM CST

I’m pleased to announce that Elliott Wave International is offering a 50-page free eBook entitled “The Ultimate Techncial Analysis Handbook

And no, it’s not all about Elliott Wave!

From the EWI Website promotional text:

“Technical indicators remove the cloudy, bias-driven assumptions from your analysis and focus on one thing that moves markets: investor psychology.

Past performance is not indicative of future results — and that’s where fundamental analysis goes wrong. It fails to factor in the psychology that not only moves markets up and down but also leads analysts to extrapolate the current or past trend into the future. That’s why fundamental analysts almost always miss major tops and bottoms.

Our friends over at Elliott Wave International employ the largest team of technical analysts in the world. They recognize that optimism peaks before market tops and pessimism troughs before market bottoms. They use powerful and sometimes unconventional tools to help identify psychological extremes that signal high-probability turning points.

EWI’s brand-new 50-page eBook, The Ultimate Technical Analysis Handbook, will show you the various methods of technical analysis they use every day and teach you how to use these powerful tools for yourself.

If you’re a technician, this eBook is perfect for you. If you’re a fundamentals follower, it’s more important than ever that you give technical analysis a closer look. Even if you never completely abandoned your fundamental indicators, you WILL benefit from drawing on these valuable technical tools.”

These are some of the methods I use each day in my daily posts and trading – they have a different perspective in explaining these concepts that I also try to teach each day through various examples.

They discuss – of course – Elliott Wave and Fibonacci – but also basic trendlines, divergences, the MACD indicator, stop-loss logic, and other classic methods.  It’s a nice, quick overview of methods about which entire books have been written.

Thanks to the EWI Team for making this available to us as proud affiliates to share.

Corey Rosenbloom, CMT

1 Comment

One Response to “EWI Releases the Ultimate Technical Analysis Handbook”

  1. technical analysis Says:

    The more I read about the Elliot Wave the more I am interested. Thanks for the link.