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Market Technicals: Volatility Tossing Traders, Is The Dryer Next?
Watch the U.S. 10-year yield, make-or-break time is coming up soon, writes technical analysis veteran CK Narayan.
12 Mar 2021, 07:37 PM IST
We are all familiar with the good ol’ washing machine. Top-loading, front-loading, it doesn’t matter. If we look at it, we can see the clothes being tossed around in a totally random fashion and for the clothes, it would be a hell of a ride being thrown one way when the drum rotates clockwise and then the other way when the drum changes its rotation. Of course, after undergoing all these travails, the squeeze of the dryer awaits thos...
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