It’s likely waiting for Yellen Friday.
Yellen won’t say anything, so the market will go flat into March Fed speak.
Fed speak:
If they raise interest rates, the market will fall,,, er aah until the market realizes that a .000000000000025 percent rate increase is nothing, at which time the market will hit support, turn up and rally into April,…….. then “flag” waiting for the next fed meeting .
No matter, so long as interest rates stay down, the direction of the over bought market appears to be up.
Rally…… stall….. flag…… repeat
Rally…..stall….flag….repeat.
rally….stall….flag…repeat.
yawn, I didn’t read it.
The market:
It’s likely waiting for Yellen Friday.
Yellen won’t say anything, so the market will go flat into March Fed speak.
Fed speak:
If they raise interest rates, the market will fall,,, er aah until the market realizes that a .000000000000025 percent rate increase is nothing, at which time the market will hit support, turn up and rally into April,…….. then “flag” waiting for the next fed meeting .
No matter, so long as interest rates stay down, the direction of the over bought market appears to be up.
Rally…… stall….. flag…… repeat
Rally…..stall….flag….repeat.
rally….stall….flag…repeat.