I agree 100% with your comments. It sems to me that a lot of the selling is prompted by people looking at the charts.Then they come out with their 50,60 80 100 day etc moving averges and green candles followed by yellow death crosses and so on. then when the price comes down they pat themselves on the back. Seems to me that all this charting is self fullfilling prophecy. All the chartists act as a pack and their selling drives the price down. Seldom do their charts predict a rise in price. Often when they do say it crossed some line and should rise it falls the nect day.

Gusto