I trade mostly by charts...channels, breakouts, that sort of thing. But I do like to see fundamentals agree with what I expect a market to do. I ocassionally take a peek at other technical indicaters besides the charts, but they don't carry very much weight in my decisions. I mentioned the COT earlier in this thread because the net long/net short positions of the big boys are so extreme, and I was sorta askin' for opinions as to whether the COT really means anything.
When I do look at the fundamentals, I try to figure out which ones count.
"There's a drought in Kansas" and the prices go up.
"But it's rainin' cats & dogs in China" and the prices go down.
"There's lots & lots of corn out there" and the prices go down.
"But EVERYBODY'S buyin' the heck out of it" and the prices go up.
Or so much of the time the "fundamentals" follow the price, rather than the other way around.
However, in the coffee market, lately, the "fundamentals" seem to be more of a true fundamental nature.
Nonetheless, I put more weight in the charts......Which brings me to what has me sittin' on pins & needles waitin' to see what happens next in the market:
The market is in an uptrend. It has broken resistance on the weekly chart. The fundamentals, including Friday's report are bullish....But is it time for a pull-back before it advances further?
As far as your mention of bias toward fundamentals, I dunno. It looks balanced to me. I have a hunch that the others are like me: Preferring technicals, but not ignoring fundamentals.