Technical Pattern Recognition - Tom Demark's Combo Indicator Part III

Advanced Pattern Recognition and Technical Analysis

TD Combo is part of the Demark family of market timing indicators. Its purpose is to identify moments when an existing trend may be close to exhaustion.

Most traders are familiar with indicators that follow momentum. TD Combo is different. It does not simply ask whether price is going up or down. It asks whether a trend has developed far enough, and for …