I smell a rat! Did somebody really sent Janet Yellen out to test the waters? Why did she make this particular statement? Although, advertised by indicators, I didn’t believe a downward move of this magnitude was in the cards. Talking about the NASDAQ. Well, you always have to have another trade that saves your butt - WTI crude oil, was the life saver in that regard. It goes to show you how important risk management is. Now all we have to figure out; is this the start of a downward move, or a buying opportunity? Tread carefully, the next couple of days will make this clear.
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