> The simplest ones like https://grizzlybulls.com/models/ta-mr-basic https://grizzlybulls.com/models/ta-mr-basic and https://grizzlybulls.com/models/ta-trend-ba

> The simplest ones like https://grizzlybulls.com/models/ta-mr-basic https://grizzlybulls.com/models/ta-mr-basic and https://grizzlybulls.com/models/ta-trend-basic https://grizzlybulls.com/models/ta-trend-basic only use a technical analysis calculations on the raw price and volume data of SPX on a few different timeframes. Am I right to doubt that something this simple generates any alpha whatsoever?