After studying this chapter, you should be familiar with
The market characteristics required for investors to use technical analysis
The types of markets in which technical analysis can be used
The differences between informed, uninformed, and liquidity market players
The differences between price-weighted, market capitalization weighted, and equally weighted averages
Technical analysis is widely used in freely traded markets. In the U.S. and most major industrial countries, technical analysis is used in the currency, equity, fixed income, and commodity markets. Professional traders and investors, as well as individuals who are investing their own funds, use the techniques of technical analysis. An ...