maybe the "news" does have an influence on price action...
but why does the price action ,and wave patterns always go right to the mathematic targets,that TA shows.? I wonder if the market is run by supercomputer programs, that create all the price action. or some idea like that."news" is used as the excuse/reason why the price goes to places....but the targets are almost always predictable with basic mathematic TA.
for that reason it doesnt feel like a real market to me. it feels like a game of some kind. not much different than chutes and ladders. The next peak for S+P at the 2110 target will be pulled back by "some news" then it will hold at support ,because of "some news" then it wil rally strong to higher highs in the wave 5, on "some news" and at some point the powers will crash the market ..."on some news" its all a contrived controlled game ,and one probably programed into the computer that runs the whole game. I dont know if this is true, but if it looks like it, and acts like it...what is it? so I suspect It isnt realy the "news" that runs the market, and it sure isnt investors buying. all I want to do is get the timing right ...to take profit, and to sell and get out in time before the great crash comes. this year or next.