Technical - Analysis

The entire discipline of Technical Analysis rests on three foundational assumptions popularized by Charles Dow, the co-founder of Dow Jones & Company, in the late 19th century.

The underlying logic is that price action reflects all relevant information. If a company has a revolutionary new product, or if a geopolitical event threatens oil supplies, that information is instantly digested by the market and reflected in the price. Therefore, studying the price is sufficient to make trading decisions. Technical Analysis

: Instead of horizontal lines, it creates channels based on standard deviations from the regression line. These "natural" boundaries adapt as price moves, often catching reversals that standard tools miss. The entire discipline of Technical Analysis rests on

Technical analysis is largely a study of human psychology. Market participants have reacted to fear and greed in similar ways for centuries. Consequently, chart patterns that signaled a price rise in 1920 often signal the same thing in 2024. The premise is that if a pattern worked in the past, it will likely work in the future because human nature does not change. Therefore, studying the price is sufficient to make