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Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. Indexes cannot be invested in directly, are unmanaged and do not incur management fees, costs and expenses. The opinions expressed herein are those of the authors and do not necessarily represent those of Advisory Services Network, LLC, Triad Advisors, LLC, or FFI Alternatives, LLC. Past performance does not guarantee future results. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volumes. Technical analysis attempts to predict a future stock price or direction based on market trends. The assumption is that the market follows discernible patterns and if these patterns can be identified then a prediction can be made. The risk is that markets may not always follow patterns.

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