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Nasdaq 100: Guilty Until Proven Innocent

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The recent stabilisation of the stock markets has raised hopes that we may have seen a near-term bottom for equities. This view has mainly been supported by central banks’ desire to hold down interest rates at or below zero, while up until today, oil prices looked like they had also formed a base. Today however, question marks have been raised once more after some of the world’s large oil exporting countries merely made a contingent agreement to “freeze” (rather than cut) oil production at

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