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Tuesday , 24 November 2020

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Richard Russell: Market Caught in Standstill Between 2 Opposing Forces – Which Will Win Out? (Almost 2K Views)

The whole world of fundamental and technical analysis seems to be in a state of chronic confusion - confounded by this seemingly trendless stock market....[Usually] the stock market possesses the ability to forecast coming events but the periodic spates of Fed stimulation have thrown some sand into the stock market's delicate machine....Thus, we see the stock market ‘up on Fed-created stilts’ and at the same time we see depressing economic news in the newspaper headlines. Meanwhile, Treasury yields are sitting on near-record lows. We're seeing a strange paradox here.

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