Previously I was a futures broker, a Board Of Director of the Canadian Society of Technical Analyst and completed level 2 of the Chartered Market Technical program of the International Federation Of Technical Analyst.
Here is a nice video all about the basics of technical analysis.
There are many articles about technical analysis and here are the bare bone facts:
Technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory.
The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable. To Read the complete article please click here.