Technical Analysis Is Based on the Following Statements Except

Technical analysis is based on the following statements except:

A) Technical analysis is based on published market data focusing on internal factors such as the aggregate market, industry average or a stock.
B) The most important factors in technical analysis are the economic and political factors external to the market itself.
C) Technical analysis studies price movements and trading volume across time to analyze trends in stock prices as the stock price adjusts to a new equilibrium.
D) Technicians assess the overall situation concerning stocks by analyzing breadth indicators, market sentiment and momentum.