Trades About to Happen

DAVID H. WEIS is a market analyst with nearly forty years’ experience. He served as the director of technical research for ContiCommodities, Inc., during the mid-1980s. Weis has conducted seminars and workshops on technical trading throughout North America, Europe, and Asia, and is the recognized authority on the trading methods of Richard Wyckoff. He is the former editor of the Elliott Wave Commodity Letter, published by Robert Prechter, and the former editor/publisher of Technical Forces, a monthly market letter centered around price/volume analysis. Weis has also written numerous articles on technical analysis and is the author of Trading with the Elliott Wave Principle: A Practical Guide. He is the developer of the Weis Wave, a unique indicator that reveals the true force of buying and selling on intraday and daily charts. It is fully described in the text and on his website, weisonwyckoff.com.

• Foreword xiAcknowledgments xiiiIntroduction 1Chapter 1 Where to Find Trades 7An OverviewChapter 2 Drawing Lines 11Chapter 3 The Story of the Lines 27Chapter 4 The Logic of Reading Bar Charts 47Chapter 5 Springs 73Chapter 6 Upthrusts 95Chapter 7 Absorption 107Chapter 8 Chart Studies 117Chapter 9 Tape Reading Part I 127Chapter 10 Tape Reading Part II 163Chapter 11 Point & Figure and Renko 179About the Author 199Index 201