The Traderszone Network

Published in TZ Latest News 20 December, 2014 by The TZ Newswire Staff

Business Support Services Index Breaks Out After Long Base

Stock market action played out the past two weeks almost perfectly according to historical plan.  In my last article, I discussed the bearish tendencies of equities from December 7th through December 15th and the S&P 500 promptly lost 85 points, or more than 4% during this period in 2014.  But the historical faucet seems to turn from arctic cold to blistering hot overnight as December 16th is the trigger point for the bulls from an historical perspective.  Right on cue over the past four trading sessions, the S&P 500 regained nearly every point that it had lost during the bearish period.  T

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