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Technical Analysts Believe That Some of the Key Elements of Market

question 31

Essay

Technical analysts believe that some of the key elements of market behavior-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:

Phonemes

The smallest units of sound in a language that can distinguish one word from another.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language.

Language Acquisition

The process by which humans acquire the capacity to perceive, produce, and use words to communicate.

Noam Chomsky

A linguist, philosopher, and cognitive scientist known for his theory of generative grammar and criticism of behaviorism.

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