Brian Shannon’s "Technical Analysis Using Multiple Timeframes" (2008) provides a foundational framework for traders to identify market trends through four stages (accumulation, markup, distribution, decline) and align trades using higher and lower timeframes. The text, which emphasizes Anchored VWAP and risk management, can be purchased on Amazon and reviewed on Scribd.
Technical Analysis Across Timeframes | PDF | Economics - Scribd Markup (Stage 2)
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The Four Market Stages: Shannon emphasizes identifying which stage a stock is in: Accumulation (Stage 1), Markup (Stage 2), Distribution (Stage 3), or Markdown (Stage 4). Timeframe Hierarchy: or Markdown (Stage 4). Timeframe Hierarchy:
