What we do in the markets is not question why or who, but we simply look at the charts and accept it "as is". When longer frames are bullish bearish or sideways, it makes sense to trade in that direction. When the longer frames are bullish, you should only be looking for long opportunities on slight(not major pullbacks) and vice versa for bearish longer frames. When sideways trade has been identified, then both sided trading is advised. Forget the why and who etc. Even so called experts don't really know --Just look at the charts as they will tell you everything you need to know. I know it may be interesting to think about the why's , but don't let it interfere with trading , you will be wrong most of the time. I have an order to sell some intraday long euro fx contracts that I bought this morning on a breakout of the pullback at 1.3292 . My order is to sell them at 1.3375. I will leave on the long Mar euro fx contracts as my base position and I will "push" the long trades intraday like this when I see opportunity on pullbacks--That is until daily and/or weekly reverse the present trend. Thank you for your time and the patience with the length of the post. I apologize. 