T, Technical analysis is MEANINGLESS IN A TOTALLY MANIPULATED, RIGGED MARKET, that should be elementary! Why is this so difficult for people to comprehend, that is a bygone era when historical data and fundamentals mattered, synonymous to GAAP accounting compared to the new normal, NON-GAAP accounting implemented in 2009 that has allowed, buy backs and marginal corporate earnings to consistently beat, resulting in an 18,000 Dow. All that matters is what the fed and central banks say and do. HFT computers rule the markets on fed speak and rumors, while technical analysis is part of the equation, these all in T/A guys are dinosaurs.