Gee wiz I guess technicals aren't so good after all. LOL
But, seriously, if you're trading pure technicals with zero influence of the underlying story, I get it, It's just T/A discipline to the craft.
As I've said before, I'm not driven by the technicals but the story, and the news of an oral explanation just makes the story more interesting.
As a trading dynamic versus technical analysis, I think the tree just got shook real hard and T/A folk and weak hands got shook out.
Bullish