Between Power Plays and News Events, do these two support each other, or which them take priority?
Really 2 separate things. News may or may not produce market movement. .News events are good times to watch for market movement. Just as Chop gives you a time to stay alert for market movement. Power plays need market movement to profit.
Thus may or may not be related. . The key is market movement. News just gives you a heads up that movement may be coming.and time to stay aware for a possible Power Play.