CitiFX Technicals notes that “Increased confidence is very much a function of the stock market.”
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Confidence versus Markets
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Note the circle at bottom right: Confidence looks to be faltering again, despite the rally . . .
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Source:
“Interesting charts – The World as we see it”
CitiFX Technicals August 12th, 2009
Tom Fitzpatrick and Shyam Devani, Techamentals
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