In the world of trading, market timing is a crucial aspect that can make or break an investor's success. Being able to accurately predict market trends and make informed decisions about when to buy or sell securities is a skill that requires a deep understanding of technical analysis and market psychology. One of the most renowned experts in this field is Tom DeMark, a pioneer in the development of market timing techniques that have been widely adopted by traders and investors around the world.
DeMark didn't just trust the breakout; he wanted confirmation.
: DeMark’s setups work best on daily, weekly, or 60-min charts, not tick data.
Tom DeMark’s New Market Timing Techniques (1997) provides objective, rule-based indicators designed to identify price exhaustion and market inflection points rather than reacting to trends. The work introduces key tools like TD Sequential (Setup and Countdown) and TD Combo to forecast potential trend reversals across various asset classes. Preview the book and find purchasing options on Google Books .
DeMark, T. (1994). New Market Timing Techniques. McGraw-Hill.