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The error many merchants make is making an attempt to use the identical set of tools to all varieties of market action. Whereas this is a sure hearth recipe for disaster, it is the most common strategy to the markets.

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Residence sales came in at 5.2 million, but the determine was slightly below the 5.3 million consensus expectation. Although this perceptively lackluster figure may have been sufficient to carry the market, as the price broke via the swing excessive at 1, it wasn’t enough to help it all through the day.

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