Stock prices that diverged from fundamentals (comparison of 2019 and 2020) – a market rising on momentum – a downtrending market characterized by lower lows – a stock market with no room to fall – Mr. Hiroshi Arano

A market that rises on momentum that reliably occurs for 3–5 months each year, and from the definition of that momentum, an explanation of the reasons using meticulous data about a stock market that forms higher lows and still has little room to fall is provided.

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