A technical analyst is most likely to be affiliated with which investment philosophy?

A) active management
B) buy and hold
C) passive investment
D) index funds

Technical analysis involves using past market data to identify patterns and trends in order to make future investment decisions. This approach is typically associated with active management, as it involves constantly monitoring and adjusting investment positions based on market conditions. It is less commonly used in passive or index-based investment strategies, which rely on a more static allocation of assets. It is also not typically associated with buy and hold strategies, as these approaches generally involve holding long-term positions regardless of short-term market movements.