๐ง How Collective Market Behavior Amplifies the Predictive Power of Technical Analysis
Great article, now it makes sense why TA works!
You can distort the performance of weighted indexes but you canโt distort the NYAD, ADI, OBV, RSI, MACD, etc. Thatโs why technical analysis is essential in a market controlled by machines.
Exactly, good point.
Great article, now it makes sense why TA works!
You can distort the performance of weighted indexes but you canโt distort the NYAD, ADI, OBV, RSI, MACD, etc. Thatโs why technical analysis is essential in a market controlled by machines.
Exactly, good point.