Stocks have been marching in place, making trend guidance volatile. I have been letting things ride against 115.71, the high of the bearish signal of 31 December 2013.
Financial markets are predictable because segments of price action fit together in a limited number of patterns that are not random. Markets are unpredictable too because there is enough variability in the patterns to hide the trend at some stages of development. I am fascinated by the market and spend a lot of time working to identify price trends so I can exploit them for profit.