The basic premise of ________________ is that past trends in market movements can be used to forecast or understand the future.
A)the Efficient Market Hypothesis
B)fundamental analysis
C)technical analysis
D)None of the above

Question

Quizplus · Accepted Answer

The weak form of the efficient market hypothesis suggests there is no relationship between past and future prices of securities. If the weak form is true, then technical analysis doesn't work. Therefore, technical analysis is that past trends in market movements can be used to forecast or understand the future.

The Basic Premise of ________________ Is That Past Trends in Market