Does Technical Analysis Work?

You will find that most retail traders rely on technical analysis to make trading decisions. There is no clear answer as it is hard to trade without using some form of technical analysis or being aware of what technicals (e.g. moving averages, Fibonacci retracement levels, etc.) are showing.With that said ask yourself the following question:Why do markets react, sometimes violently, to news events and data releases if technical analysis is all that matters?What is technical analysis? Technical analysis is a popular approach to analyzing financial markets,