Further reading
Senanedsch, J. (2012) ‘A General Methodology for Testing the Performance of Technical Analysis on Financial Markets’ Journal of Computations & Modelling, vol.2, no.2, pp. 79-94 [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] The article examines the performance of technical analysis. The introduction to this article also explains efficient market hypothesis.