Learning Outcome Statements

1. Definition and Scope

a. explain principles of technical analysis, its applications, and its underlying assumptions;

2. Charts

b. describe the construction of different types of technical analysis charts and interpret them;

3. Trend

c. explain uses of trend, support, resistance lines, and change in polarity;

4. Chart Patterns

d. describe common chart patterns;

5. Technical Indicators

e. describe common technical analysis indicators (price-based, momentum oscillators, sentiment, and flow of funds);

6. Cycles

f. explain how technical analysts use cycles;

7. Elliott Wave Theory

g. describe the key tenets of Elliott Wave Theory and the importance of Fibonacci numbers;

8. Intermarket Analysis

h. describe intermarket analysis as it relates to technical analysis and asset allocation.