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Technical analysis is for the short term. While technical indicators do not meet the test for medium or long term price projections, they are priceless when used in combination as consistent warning signs to alert U against short-term hazards. The entire objective of a technical analysis training course is to enable U to position U’reself in the market under favourable terms. Technical analysis must be short-term enough to enable U to exit the market when the trend to which U have committed U’reself develops an increasing potential for reversal.

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