Peter Brandt: The Factor Report patterns come from 1932 chart analysis book

Peter Brandt: The Factor Report patterns come from 1932 chart analysis book
Factor Report based on 1932 chart analysis book

Peter Brandt, founder and CEO of Factor LLC, shares that all patterns featured in The Factor Report are based on Richard W. Schabacker's 1932 book, which is described as the bible of chart analysis.

Brandt also describes a key characteristic of a true falling wedge pattern, noting that prices can "back and fill" in this formation. The commentary cites SI_F and references silver.

Brandt has previously outlined key criteria for identifying credible trading gurus online in a guide for due diligence. He has also advised traders to align bias with market structure, favoring shorts in contango markets and longs in backwardation, as detailed in a separate commentary. These views reflect Brandt’s ongoing focus on structured trading approaches.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.