Swing Charts

<div dir="ltr" style="text-align: left;" trbidi="on"> <div style="text-align: justify;"> <span style="color: blue;"><b>OVERVIEW</b></span><br>A swing chart is another member of a genre of charts referred to as reversal charts. As stated in Chapter 7, a reversal chart is any chart that filters raw data in order to accentuate significant points of interest while ignoring points of less interest. All technical analysts find peaks and valleys of great interest, whereas they find areas of lateral price movements less interesting. Peaks and valleys are those points of inflection where price directions reverse and the slope of an existing trend changes its arithmetic sign (minus to plus and plus to minus) (Figure 9-1).</div> <div style="text-align: justify;"> </div> </div>

Swing Charts

OVERVIEW A swing chart is another member of a genre of charts referred to as reversal charts. As stated in Chapter 7, a reversal chart is ...

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