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Technical Analysts Believe That Some of the Key Elements of Market

question 64

Essay

Technical analysts believe that some of the key elements of market behaviour-called technical indicators- can provide valuable insights about the condition of the market. Briefly discuss each of the following indicators.
-Market volume
-Breadth of the market
-Short- interest
-Odd- lot trading


Definitions:

Acceptance

An agreement to the terms of an offer, thereby creating a binding contract.

Option

In finance, a contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified timeframe.

Revoking

The action of withdrawing, canceling, or annulling something previously granted, such as a privilege, right, or contract.

Offer

A proposal by one party to enter into a contract upon specified terms, subject to acceptance.

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