Jeffery Gundlach is the founder and chief investment officer of DoubleLine Capital

A report from ZH touches on his views on when to use, and not use, technical anlysis:

  • Technical analysis will work some of the time and fail some of the time
  • It works when the market's resistance and support levels are "in sync" with sentiment signals
  • "When those things marry together," Gundlach said, "technical analysis works 70% of the time."
  • Gundlach said that he's been investing professionally for 35 years, and has outperformed the market 75% to 80% of the time. Half of that has been due to technical analysis, and half due to fundamentals and understanding investor psychology and human nature.

And …. that is it. There is more at the article on Zero Hedge but that's it for the TA comments.

Over to ForexLive for comments - what do you think of Gundlach's views on TA?

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