Advanced Technical Analysis

I.     Course Prefix/Number: FIS 247

       Course Name: Advanced Technical Analysis

       Credits: 2 (2 lecture; 0 lab)

II.    Prerequisite

FIS 140

III.   Course (Catalog) Description

Course reviews methods and techniques of price analysis of commodity futures markets. Content includes focus on applying and examining validity of various methods of price analysis available for use in trading the commodity futures markets, for stock and bond trading, trading of live markets, and stop-loss procedures.

IV.   Learning Objectives

By the end of the course, students who complete all assignments will have a working knowledge of monetary and fiscal trading.

V.    Academic Integrity and Student Conduct

Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton's Code of Academic Conduct. This code prohibits:

• cheating,
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.

There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.

Please review the Code of Academic Conduct and the Code of Student Conduct, both located online at

VI.   Sequence of Topics

  1. Fiscal effects on stock prices.
  2. Monetary effects on stock prices I.
  3. Monetary effects on stock prices II.
  4. Monetary considerations of stock sectors.
  5. Relative Strength of stock sectors.
  6. Options Volatility and Envelope Trading.
  7. Liquidity Concerns, Supply Side Concerns.
  8. Stocks and Inflation, sector analysis.

VII.  Methods of Instruction

Lectures, discussions, audio/visual, and simulations.
Course may be taught as face-to-face, hybrid or online course.

VIII. Course Practices Required

College level reading and writing skills are necessary. Emphasis is placed upon class participation.

Course may be taught as face-to-face, hybrid or online course.

IX.   Instructional Materials

Note: Current textbook information for each course and section is available on Oakton's Schedule of Classes.

Technical Analysis of the Financial Markets, John J. Murphy

Useful websites:

      Long-term charts:

     Asia stocks:

      Bartons Asia charts:

X.    Methods of Evaluating Student Progress

Class participation, quizzes, final examination, term papers or trading simulation.

XI.   Other Course Information

Attendance is mandatory unless cleared in advance with the instructor.

If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.

Oakton Community College is committed to maintaining a campus environment emphasizing the dignity and worth of all members of the community, and complies with all federal and state Title IX requirements.

Resources and support for
  • pregnancy-related and parenting accommodations; and
  • victims of sexual misconduct
can be found at

Resources and support for LGBTQ+ students can be found at

Electronic video and/or audio recording is not permitted during class unless the student obtains written permission from the instructor. In cases where recordings are allowed, such content is restricted to personal use only. Any distribution of such recordings is strictly prohibited. Personal use is defined as use by an individual student for the purpose of studying or completing course assignments.

For students who have been approved for audio and/or video recording of lectures and other classroom activities as a reasonable accommodation by Oakton’s Access Disabilities Resource Center (ADRC), applicable federal law requires instructors to permit those recordings. Such recordings are also limited to personal use. Any distribution of such recordings is strictly prohibited.

Violation of this policy will result in disciplinary action through the Code of Student Conduct.