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This Week's Lesson: Friday, July 31, 2015
Combining Two Powerful Technical Tools

After 30+ years in the financial markets, technician Tom Aspray has seen just about every kind of indicator available, but there are two that he has found particularly effective, which he shares here.

There are a wide range of technical indicators that traders and investors can use to determine the market's trend and to pick stocks. I have found that the most effective combination of indicators use either different data or non-correlated data.

For example, if you were to use the MACD-His, RSI, and stochastics you are likely to get similar results from all three as all are based solely on price. In many of my columns I generally feature two key technical tools even though I do use others.

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