Flexible Market Forecast by Michael Kahn
ARTICLE SYNOPSIS ...It is important to be flexible in your market forecasts, as this walk through some recent trends in various markets indicate.
That repetitive price patterns exist
is one of the foundations of
technical analysis. The reasoning
is that repetitive patterns
occur because traders react to
similar market conditions in a
similar fashion. Unfortunately,
in the real world, the term similar
market conditions is subject
to interpretation, as the market's price movements do not
unfold in a precise, repetitive fashion. Take a look at ex-amples
of some market movements, including trends and
reversals, to ...