Hello, traders! Well, we are rapidly approaching the end of the first calendar quarter of 2018. Time has flown and it’s fair to say that it has been an eventful first few months of the year. Let’s look at some of the significant moves that we’ve seen so far.
The major event of this quarter would have to be the market correction at the beginning of February—within a day or so of Janet Yellen leaving her role as Head of the Federal Reserve, the market took a tumble which removed all of the gains from the preceding few months. Traders watched and waited to determine whether this would be the start of something more ominous. Let’s look at some charts:
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