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Market breaks technical levels but rebounds

The case for the bull and bears are both convincing. On the bullish side, the real story is the dollar, how it will get weaker to support the equity markets. As long as the rest of the world trade commodities based on the dollar, it will behave inversely proportionate to equities to some degree. On the bear’s side, we just had the greatest 6 month bull market run (sense the last great depression. In addition, the economy is still getting weaker, just at a slower rate. […]