one does not need to predict if one is a technical trader
I fact earlier I used to check CNBC news / economic times etc and it used to create unnecessary biases
now I have stopped watching cnbc news and stopped economic times also and just trades the levels as shown in the chart
Many times at EOD when somebody (neigbours, friends) ask me you are trading so why mkt went down, I say I don't know but I was short and had a good day
..... and they think I am hiding some big secret from them