The technical's are an absolute reflection of the fundamentals.

Furthmore there is only one base pattern to markets -- what Benoit Mandelbrot called "the generator". This was a fractal that experiences constant micro iterations of itself -- like buds and branches growing on a tree.

Back on a human level, the market is best describes as a mechanism where primary dealers and their market makers bend prices just far enough to stop speculators out, but not so far as to shift the predominant direction.