IN THIS PART …

Figure out how to recognize the four main chart types and which is best to use.

Understand the four main phases of a security lifecycle: accumulation, expansion, distribution, and contraction.

Recognize how to spot reliable chart patterns with appropriate volume characteristics.

Apply simple technical indicators to aid in the purchase and sale of securities.

Know how to identify when a security is a trending mode or in a trading range.

Use intermarket analysis to anticipate changes in trends of one asset class based on the movement of another and detect strength or weakness in one sector relative to the overall market.