dont fight the fed

Oops – if in doubt press the sell button! So the news is in and maybe that's all we needed.

Not quite a Sell signal so we will need to watch the action over the next few days to find out which way is the one of least resistance. Nice bounce off the previous support line at 1. so we should respect that for today.

chart of S&P500 for 20 March 2014

 

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *