RE: well, I'm sure you will all like this... (TA)12 Jan 2023 17:30
would you be hinting at a likely RNS dropping?
Thing is (for the sake of argument), say, based on the (minor) break through today, supply and demand pushes the SP up tomorrow before an RNS is released. then did the chart pattern allow some to get in PRIOR to the news?
All the charts show is a graphical representation of buyers and sellers interaction, the fact that you may be aware of the likely cause of the extra activity through said soon-to-be-released RNS is academic to the actual pattern made. In othere words if one trusts TA enough, it is not necessary to know the likely reasons behind the move as the move itself is all the reason one needs.