Fed Chairman Yellen sparks rally

Fed chairman Yellen’s testimony comments sparked a rally on Tuesday, sending momentum traders gunning for the poor high left from March 22nd at 2047.50, but couldn’t extend past it until after the final minute of the regular trading session. Yellen said the U.S. central bank should proceed “cautiously” as it looks to raise interest rates and added the Fed could deploy forward guidance and QE if required.

Tuesday’s stretched out profile left three separate distributions. Balance trading rules apply.

Yellen sparks market rally

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