> technical analysis [...] candle sticks, trend lines, chart patterns Technical analysis is, for a lack of better words, utter bullshit. There are so many patt

> technical analysis [...] candle sticks, trend lines, chart patterns Technical analysis is, for a lack of better words, utter bullshit. There are so many patterns that fit a given chart that you have free choice between any conclusion you want. That property makes technical analysis very similar to astrology, in that any horoscope more or less fits anyone in some way or another. Basically, any analysis – technical or fundamental – which can be automated and which works reliably, has already been automated by Quant funds with a lot more resources than a single person could ever muster. This is doubly true after the advances in machine learning in recent years.