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Why Technical Analysis is 100% bullshit (2015)
- Bostonian 5y agoMany academics have presented evidence that cross-sectional and time series momentum strategies outperform. They could be described as technical analysis, since they are purely price-based. I am skeptical of a strategy based on human recognition of chart patterns, one could try to apply image classification methods from machine learning to price charts. There have been a few papers along these lines.