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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10What trend?
of the mood of the crowd and not of the fundamental factors. Thus, technical analysis is the analysis of human mass psychology. Therefore, it is also called behavioral finance. May Jun Jul Aug Sep Oct Nov Dec 2010 Feb Mar Apr-1000-500 0 500 1000 1500 2000 5000 5500 6000 6500 Price chart Technical indicators
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