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Don't Overreact to Headlines, Bull Intact; CME Has Potential

A major benefit of incorporating technical analysis into the investment process is that it provides a framework or perspective to help interpret the overwhelming amount of information investors have to digest. The monthly four-year cycle work that I follow continues to suggest equity markets should move higher through 2020 into 2021 before a cycle peak develops.

On a tactical basis, however, a multi-month pullback should not be a surprise following the surge through 3Q19. Weekly momentum indicato...

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