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As US earnings season gets underway, US Banks get straight down to business.

We should always avoid reacting to short-term data.

Back in mid-winter (in Australia) I wrote about a setup on Coffee that provided a nice long trade.

Anyone who follows tech stocks in the US would be familiar with the big sell-off that has recently hit Apple (AAPL).

When you are analysing the trend of a market, it is important to distinguish between moves in the direction of the trend (Point A to Point B), and retracements against the trend (Point B to Point C).