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Secular trends last much longer than anyone expects, in both directions.
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The chart tells you what market participants collectively believe. You ignore that at your own risk.
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Independence from institutional pressure is the only way to give truly unbiased research.
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When long-term support levels break, the chart is telling you something that the fundamentalists have not figured out yet.
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The goal is not to predict. The goal is to respond to what the market is showing you with discipline and without emotion.