Perhaps I should have made myself a little clearer
1. Some large institutions only consider fundamentals
2. Sometimes they also have privileged sensitive inside information
3. I know that 2 is true from my period in the broking industry many moons ago
4. The intentions of the privileged and powerful based on their access to sensitive information
(however much they try to hide it) are then reflected in on-market movements
as well as off market dealings.
5. The on market patterns emerge via TA
6. The "TA only" believers then perceive and interpret the "smoke signals"
7. These signals often take the form of early tradable patterns,
8 Perhaps including my own Feb/Mar ascending triangle + breakout by PLS
9. The ensuing recovery then, and many other patterns become, tradable via TA
So FA and TA are intertwined in market patterns
Some prefer one, some prefer the other, and some like both
The early birds catch the worm !!
Regards, Recherche
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