I'm going bear today. Stocks will pop up in AH/Futures, then fade during trading day. It's how the funds are liquidating into retail. You see this behavior at the tops when we're not seeing those 1-2% SPY days anymore.
These are the type of markets that just break people with fomo. Its how we end up with blow off tops and massive rugpulls by the rich. Markets done everything counter trend since April though, so every prediction based on history goes out the window.
It shows that markets don’t move randomly. Knowing about chart structure and moving averages helps to identify likely tops and bottoms. In the long term, you are right, nobody really knows. But in the short term, you can trade using these tools quite successfully.