### Comment:
Technical analysis is mostly bullshit. It isn’t total bullshit, but it’s mostly bullshit.

### REPLY:
It's a good way to retroactively look at trading behavior, but has very little predictive power, despite the fact that so many professional analysts have built careers around it. Oddly, with the way that bots handle a lot of trades, it has become better because data analysis is once way that some bots execute trades.

### END.