Here we quote Dennis Gartman, "A market that does not go up on bullish news is not bullish, a market that does not go down on bearish news is not bearish."
In other words be careful of markets not acting the way we expect them to act on new fundamental news.
This is a main reason why we combine technical analysis along with our fundamental analysis. We would rather not chase markets that are not behaving.
Additionally, technical analysis allows us to follow numerous equity markets, commodities, and individual stocks globally. When we find an asset behaving well, we will do the fundamental research and look for confirmation.
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