Free Ebook : Technical Analysis Plain and Simple Charting the Markets in Your Language

Technical analysis is one of the oldest market disciplines, yet the majority of the investment and academic communities consider it, at best, a minor supplement to their own work. At worst, it is disparaged  as  tea-leaf reading  or  simply  a  self-fulfilling  prophecy. Look  at  these  two  phrases. They  suggest  that  the technical  analyst divines the market from some mystical process. This could not be further from the truth.

Consider  the fundamental  analyst. This  person  relies  on  company reports, conversations  with  company insiders, and  macro-economic research in relevant business sectors. All of this is indispensable when determining if a company is viable and predicting how its business will fare in the future.

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