Session 3: Quantitative Methods: Application
Reading 12: Technical Analysis
LOS f: Explain the use of cycles by technical analysts.
A technical analyst who identifies a decennial pattern and a Kondratieff wave most likely:
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A) |
believes market prices move in cycles. | |
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B) |
is analyzing a daily or intraday price chart. | |
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C) |
associates these phenomena with U.S. presidential elections. | |
The decennial pattern and the Kondratieff wave are cycles of ten and 54 years, respectively. A technical analyst would be most likely to use these cycles to interpret long-term charts of monthly or annual data. Presidential elections in the United States are a possible explanation for a four-year cycle. | 
发表于 2011-3-4 15:39
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