The technical analysis method is to predict the changing direction of the market price by analyzing the market behavior itself, that is, to draw the daily trading status, price changes, trading volume and position changes of the futures market into graphs or charts in chronological order, or form a certain index system, and then analyze and study these graphs, charts or index systems to predict the futures price trend.
Three market assumptions:
1 Market behavior reflects everything.
2 The price is changing in a trend.
History will repeat itself.
Characteristics of technical analysis methods:
1 quantitative index characteristics
2 Trend tracking characteristics
3 Technical analysis is intuitive and realistic