Today 18-Apr-2018 was a non-trending day for stock markets. See this pic:
See the pic clearly. Till 1.45 pm all intraday traders must be long trying to make quick bucks. But then what happened?
I can bet ALL TECHNICAL INDICATORS – those 5 min charts, 15 min charts, 1 hours charts, candle sticks, bollinger bands, Moving average convergence divergence (MACD), and any other indicator that I am missing must be giving only one signal
And then when the trader goes long thanking the technical indicators, the software that they bought for a few lakhs or paying a monthly fees goes bust (fails) all of a sudden.