Keltner
Bands Combining Keltner Bands with the timing of cycles gives you price objectives for tops and bottoms, support and resistance levels for trend reversals.
In this session, Walter features the use of Keltner Bands. You will learn how to adjust them, how to use them to take profits and determine support/resistance levels when markets are making new lows and new highs. By combining the Keltner Bands with the Bressert Double Stoch and other technical indicators, your accuracy of top and bottom identification is greatly increased.
Audio
Commentary
An audio file is attached to each of the following pages. A RealAudio
Player is required to hear the audio commentary. If you do not have RealAudio,
you can download it for FREE from the RealAudio
link below. Or if you prefer, just read the written commentary
that appears under the charts (although there is much more information
in the audio than in the text).
To
Begin
To
begin, click on the Lesson link that appears below. If you want to bypass
the lesson and go directly to the markets, click on the appropriate link.
Please note that the market analysis was done on 2/5/99 and reflected
Walter's opinion at that time. The purpose of including the market analysis
with the lesson is to show how Walter combines technical and cyclical
analysis with the indicators to trade and forecast the markets.
