Some chart analysis is valuable when used with discretion. For example, moving averages and moving average crossovers can help clarify trends in the market. Usi

Some chart analysis is valuable when used with discretion. For example, moving averages and moving average crossovers can help clarify trends in the market. Using a 13 week and 34 week exponential moving average crossover gives useful (and conservative) buy and sell signals and will often keep you out of the shit. Being aware of divergences (eg. the market is going ballistic but volumes are rapidly getting weaker) can give you an alert that things are about to change. But yeah, a lot of TA - especially stuff like Elliot Waves - is probably worse than looking at chicken entrails.