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Wall Street experts highlighted the most important stock market charts to watch into next year. From interest rates to software stocks, here's what Wall Street's top technical experts are watching
Highcharts is a software library for charting written in pure JavaScript, first released in 2009. The license is proprietary. It is free for personal/non-commercial uses and paid for commercial applications. It was created by Highsoft in Vik, Norway and has been regularly featured in the national media, such as Finansavisen and Dagsrevyen.
In finance, MIDAS (an acronym for Market Interpretation/Data Analysis System) is an approach to technical analysis initiated in 1995 by the physicist and technical analyst Paul Levine, PhD, [1] and subsequently developed by Andrew Coles, PhD, and David Hawkins in a series of articles [2] and the book MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets. [3]
If the market is directionless (undecided), prices may fluctuate greatly around this level until a price breakout develops. Trading above or below the pivot point indicates the overall market sentiment. It is a leading indicator providing advanced signaling of potentially new market highs or lows within a given time frame. [5]
Technical analysis software automates the charting, analysis and reporting functions that support technical analysts in their review and prediction of financial markets (e.g. the stock market). [ citation needed ]
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