“There is a long-standing myth that the interest rate market follows the Central Bank but in truth the evidence over a long time shows the opposite. Central Banks follow the market.”
Chair of Federal Reserve Honourable Janet Yellen believes that there will be no more crisis in our lifetimes. Short video and transcript of Q and A at British Academy, 27 June 2017.
6-minute trading video by Jeffrey Kennedy at Trader’s Classroom, Elliott Wave International describing how to identify, use historical horizontal supports and resistance levels/zones. Example with Bank of America (BAC) chart.
Elliott Wave International shows us how MACD patterns can support Elliott wave analysis. 10-minute educational video from Trader’s Classroom looks at examples in Pfizer (PFE) and Intel Corp (INTC).
Investors should pay close attention to this development, because this is exactly what happened before the 2007-2009 financial crisis. This might well be the time to play it safe.