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Technical analysis of markets begins to suspect its obsolescence …

10:26p ET Monday, July 28, 2014Dear Friend of GATA and Gold:Acknowledging that the usefulness of technical analysis is increasingly doubted as market manipulation intensifies, newsletter writer and technical analyst Tim W. Wood notes today that manipulation is as old as markets themselves and quotes various authorities to the effect that manipulation cannot long defeat any market’s “primary trend.”But Wood’s authorities […]