Skaaptjop, you know as well as I do those analysts with the inside lane constitute at least 90% of the trading volume in a particular market and essentially set the trend, thus they are the "market" for all intent and purpose. Thank you for being specific on the trading the price issue but that is essentially what most if not all TA practitioners do in some way or another. The question is however whether one believes in looking at repetitive cycles over longer time periods or not, not specifically for specific trades or investments but to determine the general medium to longer term mindset/sentiment ie. is it time for being cautious or more aggressive for that matter. Its not about predicting a "black swan" event or a market crash for that matter but perhaps to take the foot of the accelerator for a while. I believe the price (in it's trend) gives us those tell tale signs and they seem to repeat themselves.
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