Yeah what was that? Cant find any explanation for it, looks like im giving back all my profits for today because of that move.
Cant make heads or tails of this market most days anymore, its just up up up despite most technical patterns.
Fundamental news drives the markets which make technical patterns, not the other way around. Or should I say, keywords in the news which drives the machine-readable data algos that flood the markets with orders which drives the moves that break patterns, hehe.
Yeah fundamentals drive the market trends and make people participate which create patterns, news breaks the patterns.