Understanding the Market: Technicals Lead the Fundamentals

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After yesterday's massive drop, we will likely see some backing and filling over the next couple of days, but as far as an end to the primary downtrend, I don't see it happening yet. On Monday [Feb. 4], I warned investors again about the further weakness that was likely to appear in world markets. If that continues, it will be another catalyst that will pressure the U.S. markets.

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