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THE TECHNICAL PERSPECTIVE – THIS IS NO BEAR MARKET

Technical analysis is only one piece of the investment puzzle, but can provide important perspective on the bigger picture. Yesterday on CNBC, technical analysts Jordan Kotick of Barclays and Carter Worth of Oppenheimer were on to discuss the technical outlook for the market. Interestingly, both come to similar conclusions – this is not a new bear market:

Kotick:

Worth:

Source: CNBC

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