If two well-known technical analysts seldom agree on the interpretation of a certain technical pattern, this implies:
A) collusion between the two analysts.
B) technical rules are too complex.
C) technical rules are highly subjective being more of an art-form.
D) not enough information has been gathered.

Question

Quizplus · Accepted Answer

Technical analysis involves interpreting charts and patterns, which can be highly subjective. Different analysts may have different interpretations of the same pattern, indicating the subjective nature of technical analysis rather than a lack of information or complexity of rules.

If Two Well-Known Technical Analysts Seldom Agree on the Interpretation