Tag Archives: RUT

An Example Of How Technical Analysis Has Misled Traders

Technical analysis has been a major cause of trader failures along with account undercapitalization. Here we show briefly how untested technical analysis claims about overbought/overbought conditions have misled traders into unprofitable trading.

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Another Major Failure of Chart Pattern Analysis

Another major chart pattern, this time in Russell 2000 Index, has just failed. Chartists are dumbfounded by the failures of even the best of chart patterns recently. Some have come to understand what is happening but some others still resist not realizing … Continue reading

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More Troubles for Chartists Ahead?

Classical charting has suffered a few major blows during the last couple of years with flagship patterns failing at an alarming rate for those few that are still rely solely on this old method of establishing positions in the market. … Continue reading

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