Category Archives: Technical Analysis

“Quants are not gonna make it”

“Quants are not gonna make it. They carry too much baggage. Technicians are going to be the ones to make the next big opportunities“. In Twitter, this statement was attributed to John Bollinger and made in the last CMT conference. … Continue reading

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Panic in TA Land, Again

The latest panic was caused by a reversal in 10-Year Note yield and a possible invalidation of a head and shoulders bottom that has been forming since 2015.

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Red Flag: Technical Analysis In Bonds And Yields

Technical analysis in bond and yield charts is a red flag since those markets are driven by fundamentals in the longer-term and not by technicals. Below is an example of a failure that caused substantial losses to chart traders but … Continue reading

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Classical Technical Analysis Indistinguishable From Astrology

The bulk of classical technical analysis charting is based on confirmation bias: chartists look for patterns that confirm expectations tied to future economic conditions. But biased analysis is wrong more often than it is right. A recent example is included.

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Three White Soldiers

The three white soldiers is a candlestick pattern that has formed in SPY ETF and it is classified as a bullish formation. But does this pattern have any predictive power?

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