Does technical analysis precede the news? Who truly moves the market—the chart and price action, or the news itself?
What do you think?
Quite a tricky question. I think the news itself, normally when theres a news of a fud or bullish news the market reacts to that and can see the chart move based on that news, so it means that the fundamental event should occur first before any movements come. But its hard to predict what could trigger a solid move when it comes to trading.