The Structure of the CycleCharts(TM)
Before you can interpret the CycleCharts(TM), it is essential that you have a clear understanding of the technical construction and structure of the charts. The UserGuide is your primary source of insight into the structure of the CycleCharts(TM). The main features you will learn about through this document are:
Table:-
What type of quantities do the axes of the chart represent ?
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What specifically is the vertical axis (y-axis) ?
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What specifically does the horizontal axis (x-axis) represent ?
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What is price velocity, and how is it represented on the chart ?
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How can we divide the chart space into regions of positive and negative price velocity ?
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What is price momentum, and how is it represented on the chart ?
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In the chart space, what are the regions of positive and negative momentum ?
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What quality of the price behavior is indexed quantitatively by the circular rings ?
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Exactly how is the chart space divided into areas of bullish and bearish behaviors ?