Technical Analysis

Purpose

Read price and volume structure to characterize a trend and identify where a thesis would be proven wrong. Technical analysis describes what price is doing; it does not predict what it will do, and treating it as prediction is where practitioners lose money.

When to Use

• Assessing whether an instrument is trending, ranging, or breaking down.
• Identifying levels for entry, stop, and target.
• Confirming or contradicting a fundamental thesis with price action.
• Reviewing a chart before a trade.

Capabilities