Macro Morning (Fed bounce)

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by Chris Becker

Thank you Janet Yellen shouted most traders overnight as the FOMC meeting and press conference wrapped up, sending stocks bouncing and risk doubling down again. Buy the dip works! (until it doesn’t….)

US stocks were the main beneficiaries, with the S&P500 up over 40 points or 2% in a beautiful upswing:

Chart SP500, H4, 2014.12.17 21:30 UTC, VantageFX Pty Ltd., MetaTrader 4, Real

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