Understanding Support and Resistance
Two terms you hear a lot about are support and resistance. Basically, they are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend.
Martin Pring
Volatility
In a very brief but informative article in the January 1991 issue of Technical Analysis of Stocks and Commodities, Arthur Merrill considered the question of whether the degree of volatility in the stock market is a useful indication of the market’s future course.