I think it is more like market don't care about what MACD, Stochastic, Bollinger, Fibonacci, Ichimoku .... say. It moves where and when it wants to move. And no indicators can stop it. That's why all indicators must be eliminated.
BEST OF BEST TRADING PROVERB IS : Market moves where and when it wants to move. Absolutely no indicators can stop it. Fibonacci, Bollinger, MACD, Ichimoku, Aroon, Chaikin, DiNapoli, Aroon, Ergodic, McClellan, Williams, Zanger are powerless to stop market from moving where and when it wants to move !!!
"The price is an integral part of every complete judgment relating to securities. In the field of common stocks, the danger of paying the wrong price is almost as great as that of buying the wrong issue. The new-era theory of investment left price out of the reckoning, and this omission was productive of most disastrous consequences." - Benjamin Graham, Security Analysis, 1934 Edition
Was thinking of people selling stock options in their company (tech) for big profits. Take some off the board, while more stock options are coming. Pocket a million or two...Spread it out.
Traders who only brag about their winners own a fraction of what they want you to believe they're worth.
“Stocks always go down faster than they go up, but they always go up more than they go down.” - David Gardner (AKA Financial Confucius)