《国际期货市场运作》课程教学课件（PPT讲稿）Chapter 10 Technical Analysis Chart Patterns

Chapter 10 Technical Analysis:Chart Patterns 08/082003C=918242 160 H=9190 L=8965 Mov Avg-Exponential 10500 10000 9500 9000 8500 8000 7500 2002 2003 Created with SuperCharts by Omega Research 1997

Technical Analysis: Chart Patterns Chapter 10

The Wave Theories R.N.Elliott pointed out that the stock market unfolds(展开)according to a basic rhythm or pattern of five waves up and three waves down to form a complete cycle of eight waves

The Wave Theories R.N. Elliott pointed out that the stock market unfolds(展开) according to a basic rhythm or pattern of five waves up and three waves down to form a complete cycle of eight waves

The pattern of five waves up followed by three waves down Corrective Impulsive 5 Phase Phase b a C 4

The pattern of five waves up followed by three waves down 1 2 3 4 5 b a c Impulsive Phase Corrective Phase

The Wave Theories SUBDIVISION OF 5 WAVES①AND② 2 3 恩 1 2 5 1 4 3 3 点 3 5 品 5 ② 3 2 ①.②=2wav8s (1).2.(3).(4).(5).(A).B).C)=8 waves 2 1,2,3,4,5,A,B.C,etc.=34 waves

The Wave Theories

The Bar Chart A price bar might represent a period as short as five minutes or as long as a month. The most common is the daily bar chart

The Bar Chart ◼ A price bar might represent a period as short as five minutes or as long as a month. ◼ The most common is the daily bar chart

Bar Chart HIGH CLOSE OPEN LOW

Bar Chart

Bar Chart Open.The first price traded that day. High.The highest price traded that day. Low.The lowest price traded that day. Close.The last,or closing price,traded that day.Also called the settle

◼ Open. The first price traded that day. ◼ High. The highest price traded that day. ◼ Low. The lowest price traded that day. ◼ Close. The last, or closing price, traded that day. Also called the settle. Bar Chart

Daily Dow Jones I.A.Futures Price 08/092002C=87254300=8616H=8790L=8565 10500 10000 9500 9000 -8500 8000 7500 Apr May Jun Jul Aug Created with SuperCharts by Omega Research1997

Daily Dow Jones I. A. Futures Price

Daily Dow Jones I.A.Futures Price Figure95Wekp立eharφ

Daily Dow Jones I. A. Futures Price

Week price bar down igwe只6eR切ice bar dow

Week price bar down