Using Technical Analysis To Spot Trading Opportunities In Stock And Forex Markets

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Do you believe the news drives the stock market? I do not. In fact, in my 15+ years of experience, I have not seen a single case where an uptrend change has occurred on negative news and where a bottom has formed on positive news. In fact, it is quite the other way around. Usually the tops are found on plenty of good news and bottoms are formed on panic, i.e. on some extreme bad news.

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