Yeah I remember my first account.. every trade I took, the price would jump right into my stop. And I had no clue why. I was so frustrated I almost started smoking again (It got better when I commited to PA studying)
I'm not sure it have anything to do with algorithms. I'm sure it's been like this forever. Besides, algorithms are as varied as everything else, so I don't think there's anything to generalize here.
They key is getting above 3422 short term. I believe we will and also reach new ATHs. I believe that 4200 is in the offing. I always protect myself if wrong.
Not so sure about that to be honest. I think there's a very real possibillity that we put in the High for the year already. That's always smart.
The point you are missing and you are not alone is that the algo's are not based on some esoteric mysterious calculus but are based on traditional price behavior.
Too many small businesses going under. See XLF today? Its still under $25. Its been almost 2 months. That milk's gone sour B1.