You don’t need computerized technical analysis to understand market trends
Being able to “read” a market chart is a rare skill even among professionals. Most investors focus on “the fundamentals”: Things like unemployment numbers, earnings, Fed statements, etc. But just like a picture is worth a thousand words, a chart can tell you a lot about technical conditions of the market — at a glance.
Modern-day finance has gotten so caught up in “computerized technical analysis with all the bells and whistles… that basic chart reading is a lost art form.” Kind of like cursive handwriting, or speaking in complete sentences vs text “slanguage,” Read More…
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