Section 11: Cycles
The phenomenon of regularly repeating up and down trends is fairly obvious to even the beginning technician, but the study of cycles requires some basic understanding of how they are measured and what constitutes a legitimate cycle. Also good to know is some of the more well known cyclical patterns.
An introduction to the basics of cycles includes explaining what constitutes a cyclical pattern, how to measure it, and other important characteristics of cycles that arise when comparing one or more cycles.
Types of Cycles
Special types of cycles are noteworthy and are listed below. Pay particular attention to the Business Cycle, which has far reaching implications for how inter-market relationships work.