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© 1991, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.


The third in a series of nine on the basics of technical analysis, this NebGuide explains what to look for in commodity charts.

Producers always look for the ultimate: ever-accurate, foolproof, technical signals to tell what moves to make in the market. The problem is the markets are an ever-changing phenomenon; no one signal can predict prices with 100 percent accuracy.

This NebGuide is design to give readers a feel for different kinds of tecnical signals analysts look for to determine market direction. Major signals discussed are: key reversals, double and triple bottoms, head and shoulders (top and bottom), and ascending and descending triangles.