it is the nature of markets to try and convince one that it will trend in only one direction. smart money just rides each biased wave. the news cycle tries to create the illusion that it is in sync with the market...but it does this by reporting on its performance of 5 minutes ago. the folly is that it never forecasts the future. most all news was bearish at 1300. now, most all news is bullish at 1500. follow the "news" and one is always stuck in the past.