Transcription of Technical Analysis - Explained - Credit Suisse
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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 ? ..3 Technical Analysis pre-empts fundamental data ..4 Mood governs ratio ..5 Optimism, pessimism, greed and fear ..6 Chart types and chart construction ..7 Support and resistance ..8 Trendlines ..9 Investment horizons ..10 What trend? ..11 Moving averages ..12 The simple moving average ..13 Long-, medium- and short-term averages ..14 Moving average crossover ..15 momentum ..16 momentum , indicator signals ..17 Long-, medium- and short-term indicators ..18 Trend and momentum combination ..19 Reversal and redistribution ..20 Equity Analysis ..21 Cycle phase distribution.
Watching financial markets, it becomes obvious that there are trends, momentum and patterns that repeat over time, not exactly the same way but similar. Charts are self-similar as they show the same fractal structure (a fractal is a tiny pattern; …
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