Thread: Learn How to Forecast Markets Using Technical Analysis

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  1. #1

    Default

    There are two camps of market analysts out there: the fundamental camp and the technical one. Fundamental analysts look at things like the GDP, unemployment, interest rates, etc. to make logical assumptions about where the stock market is going.

    Technical analysts use none of that. They look at the market's internals to gauge the trend: things like momentum, trend channels -- and yes, Elliott wave patterns.

    And this is your free chance to learn how they do it.
  2. #2

    Default Learn How to Forecast Markets Using Technical Analysis

    I love a good love-hate relationship, and thats what Ive got with technical indicators. Technical indicators are those fancy computerized studies that you frequently see at the bottom of price charts that are supposed to tell you what the market is going to do next (as if they really could). The most common studies include MACD, Stochastics, RSI and ADX just to name a few.

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