Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Wednesday, March 30, 2016

Yellen Gives In To Bearish Charts

The indices will be breaking out of multiple restraining channels this morning as investors are thrilled to see how Yellen showed on Tuesday that she is still market index dependent and not economic data dependent.  In her speech she confirmed that she is willing to say whatever it takes to keep the stock market high even making a 180 reversal from the hawkish stance she was pushing just two months ago.





Trade well my friends

Alan

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