Technical analysis suggests the study of the stock markets based solely on the security prices and the historical quotes of each asset. With this methodologies, the trader does not consider rumors, news or events of economic impact during the analysis. While studing the market you can not predict what will be the circunstances of the world...Will there be a war?...Terrorism?...However, we can study the response of the human behaviour to positive or negative events. Market movements comes from pulses of people, people who feel emotions, and to a single event, those emotions cause the price movement in the market. Studing this, you can find patterns in the behaviour of the stocks.