Whilst appreciating fundamental analysis, I've been a believer/follower of TA for more that 10 years.
Just something to ponder perhaps - while T.A. has worked well since it began to be understood, it was always based on free market forces ie. the mind-set, decisions and workings of the mass of individuals.
I believe things now have markedly changed.
This has nothing to do with 'conspiracy theory' although I'm an adherent.
Rather it has everything to do with the sudden and large creation of 'finance' by governments across the world. This 'money' (that didn't exist yesterday) is put into play ... and so surely must warp normal financial behavior.
If normal financial behavior is the basic grounds for TA, how relevant is it to the current market situation?
