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Some sort of reflex rebound here would not be surprising—but any such rebound would be taking place within an intermediate downtrend.
A lesson in Arms CandleVolume, as well as insight from SentimenTrader.com’s Jason Goepfert, Lowry’s Paul Desmond, and Zero Hedge.
According to this veteran analyst, the Fed’s unprecedented flooding of the system with liquidity is the reason for this persistent bull market. See also a rundown on leadership, deteriorating market breadth, and an intriguing Bund chart.
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