Following up: This is from an Elliott Wave analysis I read tonight:
“And, boy do market analysts and participants love to discuss these fundamentals to explain why one will exert more pressure on the market than the other, depending upon their initial bias.
As for me, price means everything. If the price structure of the market is bullish, then I will be bullish. If the price structure of the market is bearish, then I will be bearish.”
So, I now understand better what you are saying, I think.
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