Technical Analysis - Explained - Credit Suisse
Patterns(Elliott waves)Trend(Moving averages)Momentum(Rates-of-change)Techni cal Analysis - ExplainedPrivate BankingZurich/SwitzerlandGlobal Technical Research and Behavioral FinanceCautionHopeGreedOptimismEuphoriaC onvictionConfidenceReliefDespondencyPess imismFearPanicDenial- 2 - Technical Analysis - ExplainedGlobal Technical Research60006500700075008000850090009500 ContentsWhat is Technical Analysis ? . . . . . . . . . . . . . . . . . . . . . . . . .3Technical Analysis pre-empts fundamental data . . . . . . .4Mood governs ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5Optimism, pessimism, greed and fear . . . . . . . . . . . . . . .6Chart types and chart construction . . . . . . . . . . . . . . . . . .7Support and resistance . . . . . . . . . . . . . . . . . . . . . . . . . . .8Trendlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .9Investment horizons.
ings while bottoming ahead of peak losses. The purpose of technical analysis is to identify trend changes that precede the fundamental trend and do not (yet) make sense if compared to the concurrent fundamental trend. ... forming price top and during a large part of the bear trend. Vice versa, they remain pessimistic under
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