Dear Trading Friends. On our last blog report I had discussed the possibility of the market staging a pullback off the current levels it was at during that post. The S&P500 E-Mini was trading in the 1555-60 zone at that time. Well, the good ol Fed notes came out and when they want to get the market rallying ...they know what to say. Or at least they know how to get traders to construe things a certain way. The market took off higher towards the 1572 area the afternoon after the notes were released. I thought to my self..."Hey Mohan, they are rallyi[...]
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[Source: The Money Blogs]
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