Everything beyond book value is a sentimental indicator, because it's a "what if".
- The allow-list : the only reason people call some of those other things "fundamental" is because they put their faith in certain counterparties, and scenarios.
- The deny-list : the only reason people call some of those things "sentiment" is because they personally don't have faith in certain counterparties, and scenarios.
The funny thing about technical analysis is that it belongs in the fine arts. It's basically just music and dance. The even funnier thing is that this isn't taught in liberal arts curricula ... the original liberal arts included music and geometry ... skills which separated non-slaves from slaves.
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