Re: Why trend reversal? -> basic technical analysis! trend lines is all you need :)
So, who's to say that TA isn't just a self-fulfilling prophecy? I'm not trolling here, just curious. It's quite a bit easier to predict the actions of someone if he has the same beliefs as you.
Why would you care about the why rather than the what if both amounts to the same? Are you a philosopher, or are you a speculator? 