Does Yellen Use Technical Analysis?

The surprisingly strong earnings reports from JPMorgan Chase (JPM) and The Goldman Sachs Group (GS) boosted stocks in early Tuesday trading but then comments from Fed Chair Janet Yellen seemed to cut the rally short. The markets closed mixed. The financials' stocks were able to close strong, led by a 1.35% gain in the KBW Bank Index but the NYSE market internals were 2-1 negative. As I have noted since last week's Should You Reconsider Buying the Dip?, there are signs of deterioration in the tec...