Chapter 3. History of Technical Analysis
Chapter Objectives
In this chapter, you will gain knowledge about
The records of the existence of historical financial markets and exchanges
The creation of market indices by Charles Dow
The development of technical analysis in the U.S. over the past century
The impact that academic theory and fundamental stock market analysis have had on the development and use of technical analysis
The impact that data availability and computer power have had on the development of technical analysis
Early Financial Markets and Exchanges
Although technical analysis is thought to be an ancient method of analyzing markets and prices, its history has been poorly recorded. We do not have recorded evidence of technical analysis being ...
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