From Matin Armstrong:

Nevertheless, if you look at a chart of anything, the majority of people never look deeply and just stop at the surface. What you are really looking at is human nature – not the NASDAQ. The Global Market Watch is gathering patterns from all markets and comparing them on all markets. This is not a flat model – it is dynamic. This is why fundamental analysis fails.Far too many people think that such facts move markets. They cannot comprehend that people act in anticipation – never factual trends. If you are standing in front of me and I say see my fist, I am going to count to 10 and then punch you in the face. Will you do nothing until I actually punch you or act before I throw that punch? This is how markets moves – ANTICIPATION.