ARTICLE SYNOPSIS...Investigating chart patterns using Markov analysis by Curtis McKallip, Jr. Most traders, at one time or another, have utilized elementary price patterns such as trendlines, triangles, gaps, and flags. The identifying characteristics and measuring proper
ARTICLE SYNOPSIS...SIDEBAR: Markov analysis by Technical Analysis, Inc. A natural process which has a random element but also shows the effects of previous events influencing subsequent events is a Markov process. Markov models lie in the spectrum between fully determinis