Using Multiple Timeframes By Brian Shannon Pdf Free 14 Updated _hot_ | Technical Analysis

This identifies the "Big Picture." Is the stock in a Stage 2 Markup or a Stage 4 Decline?

Shannon typically utilizes the 10, 20, 50, and 200-period moving averages. He uses these not just as support/resistance, but as a visual guide for the "slope" of the trend. A rising 20-day moving average indicates a healthy short-term trend. Risk Management and Psychology This identifies the "Big Picture

The book categorizes market behavior into four distinct stages: This identifies the "Big Picture