Question
a) Explain the difference between fundamental vs technical analysis in terms of Meaning, Function, Relevance, and purpose. b) What do you mean by the fractal
a) Explain the difference between fundamental vs technical analysis in terms of Meaning, Function, Relevance, and purpose.
b) What do you mean by the fractal nature of Elliot Waves? Give examples.
b) What are the Fibonacci retracement levels, and how would you use them as an analyst?
c) A market is characterized by too much optimism, robust fundamental, and above all nobody believe that the market could decline. The public feels comfortable buying more and more in the market. Some investors begin to sell in anticipation of a decline in the market. What phase the market goes through as per Dow Theory? Explain your expectation about the next market, and whether to initiate buy/sell side position.
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