DeMark Indicators (Bloomberg Market Essentials)

The DeMark indicators are sophisticated standalone market-timing tools, but they can also be used with more traditional technical studies such as:
Moving averages
Momentum oscillators
Trendlines
Fibonacci retracements
Elliott wave
Differentiating between trading ranges and trend exhaustion is a problem that has long plagued traders in every market sector. In a sea of predominantly trend-following technical studies, one set of contrarian market-timing indicators stands out from the rest, precisely because it is predictive: DeMark indicators were designed specifically to anticipate trend reversals. Their creator, Tom DeMark, has served as consultant to such revered money managers as George Soros, Paul Tudor Jones, and Steven A. Cohen.