Who Moves My Market? - Part 3

http://createwealth8888.blogspot.com/2009/10/who-moves-my-market_24.html

Not really using technical indicators? Why?

I am a Simple Simon and have a simple Lizard Brain and cannot grasp complex relationships among indicators so I focus mainly on Price and Volume, Support & Resistance, and Trend lines.

Understanding Volume?

Increase in Volume

• Confirmation
• Exhaustion

Decrease in Volume

• Congestion
• Lack Of Interest

Support & Resistance:

http://www.investopedia.com/articles/technical/061801.asp

Trend Lines

http://en.wikipedia.org/wiki/Trend_lines_(technical_analysis)