Did Technical Analysis Exist back in the 1930's?

Quote from gnome:

1st historical reference... rice markets... Japan, 1600's.
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Munehisa Homma (1724-1803), was a rice merchant from Sakata, Japan who traded in the Ojima Rice market in Osaka during the Tokugawa Shogunate. He is often considered to be the father of the Candlestick chart and his trading success reputedly led to him becoming an honorary Samurai.
 
Quote from Landis82:

Why would TA patterns NOT exist back in the 20's and 30's???

Your logic doesn't make any sense.
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From a human perspective, how does support and resistance form in your view? What is it that sets off a price reaction at certain high points and certain low points
 
Arguably the most influential Price action work was penned in 1938 and published in a series of articles in Financial World magazine in 1939 by a certain MR Ralph Nelson Elliott !

Also works of Gann such as the Truth of the Stock Tape (1923) & the more esoteric Tunnel Thru the Air (1927)


:)
 
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Still in print to this day.

For nostalgics.
 
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