Because markets are driven by people who are creatures of habit you will begin to see patterns repeated over and over in different markets. For example, after a nice run-up on a five-minute chart in the S&Ps, you are very likely to see an orderly pullback before the next run-up. Some markets tend to always close in the opposite direction that they opened. Some will tend to reverse between 10:30 and 11ish. Some will close near their high or low and others tend to always close in the middle. Some react perfectly to certain technical indicators while others look like they move randomly. Keep looking for patterns and you'll find that a market tends to do things in a somewhat predictable way.
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