I do think it measures psychology, all the persons participating are human that get too excited and too depressed (mr. market). If you don't believe technicals also need to throw out value investing and stick with Emh.
I do think it measures psychology, all the persons participating are human that get too excited and too depressed (mr. market). If you don't believe technicals also need to throw out value investing and stick with Emh.
RE: Why Technical Analysis in Trading is 100% Bullshit