Important S&P Support

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The blue trendline below is anchored to the March 13th low (the day that Yellen bailed out her banker friends, and continues to do to this day). We have tagged support and are seeing some strength here. Simply stated, maybe that’s all the selling we’re going to get, or maybe next week we snap this trendline and begin our trek toward 4300 on the /ES.

Speaking of that horrid creature Yellen, here’s an updated chart of the FREE money she distributed to her banking buddies, which measures over $106 billion from the so-called B.T.F.P. cash giveaway.