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Argentina

5 Apr 2014 ‚óŹ 10:04 AM

Argentina is a modern day example of what inflation can do to equities. The stock index made a new high this month. But looking at a longer term horizon its possible to draw wedge lines into the last few years advance. It needs to be seen if this is really the case with future price confirmations. The quarterly RSI ended at 78 and such high readings are only sustained during a bull market of larger degree.

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