Schedule

Every Thursday for 3 weeks from 7:00pm to 9:00pm.

Day 1

MODULE 1: INTRODUCTION: BACKGROUND AND BASICS

• Technical analysis as an integral part of market analysis • History of technical analysis

MODULE 2: WHY TECHNICAL ANALYSIS WORKS

• Efficient Market Hypothesis (EMH), Capital Asset Pricing Model (CAPM) and Its Shortcomings • Prospect Theory and Asset Pricing • Behavioral Finance Heuristics

MODULE 3: CONSTRUCTING AND INTERPRETING CHARTS

• Chart types (line, bar, candlestick, point and figure, swing chart, Kagi, Renko, Ichimoku clouds) • How charts relate to behavioral finance • Important concepts (trend, support, resistance, volume, gaps)

MODULE 4: CHART PATTERNS

• Description of common patterns on bar charts • Patterns on candlestick charts • Quantitative testing results for patterns

MODULE 5: INTRODUCTION TO TECHNICAL INDICATORS

• Most popular indicators on Bloomberg • Moving averages • RSI indicator • Stochastic • Rate of change (RoC) indicator • MACD • Bollinger bands

Day 2

MODULE 1: TESTING TECHNICAL INDICATORS

• Designing the test as a trading strategy • Results for popular indicators

MODULE 2: OTHER INDICATORS

• Sentiment (CBOE volatility index (VIX), surveys, insider buying and selling) • Breadth (advance decline, % stocks above a moving average)

MODULE 3: RELATIVE STRENGTH

• Comparative relative strength (momentum anomaly to the Efficient Market Hypothesis) • Combining relative strength with fundamentals (value anomaly to the Efficient Market Hypothesis)

MODULE 4: TECHNICAL THEORIES

• Dow theory • Cycle analysis • Elliott wave theory • Fibonacci sequence • Intermarket analysis

RECOMMENDED FOR:

Portfolio managers, Traders (especially principal traders)