wave crest – Technical Analysis of Stock Trends

Crest of the wave. Downwave starts.

Post author:WHC Bassetti
Post published:January 28, 2011
Post category:Letters
Post comments:1 Comment

After 41 days of glacial drift upwards and (including today) 2 days of downdraft it looks like the wave has crested. And this would appear to be the undertow day. …

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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Crest of the wave. Downwave starts.