Which of the following is incorrect?
A) Technical analysis is expected to work if markets are weak-form efficient.
B) If markets are strong-form efficient then they must also be weak-form efficient.
C) It is not likely that the market is strong-form efficient.
D) none of these choices are incorrect.

Question

Quizplus · Accepted Answer

Technical analysis relies on historical price and volume data to predict future market movements. If a market is weak-form efficient, it means that all historical trading information is already reflected in stock prices, making technical analysis ineffective. Thus, the statement that technical analysis is expected to work if markets are weak-form efficient is incorrect.

Which of the Following Is Incorrect