All that technical analysis can do is give you a measure of sentiment based on price at any particular time. If you don't believe in charts it is likely you don't believe that price is driven by sentiment..which of course is simply what anyone is willing to pay for ANY item or service at any given time based on their own perceptions. Thats what a "market" truly is. If you wish to ignore the advantage the analysis of "what people are thinking right now" that the charts offer. That's your choice of course. But don't say you can't measure sentiment...simply becuz you don't understand how you actually can.