The Day Ahead: PM Edition 2022-03-16
A whiplash day in the equity markets
S&P 500
The day followed the plan well enough early with a rise into the 4342 target followed by a drift lower that accelerated on the FOMC statement down to supports, nearly 100 points lower, then launched back up to close on high of the day. Technically the bearish count is still alive but given the eagerness and the rel…
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