Banks Bounce With High Yield Index

The High Yield Index, previously a concern of many market watchers, “has made decent progress,” a Goldman Sachs research piece noted along with numerous other “Charts that Matter Next Week.” As banks bounce in this index comes as constructive price action takes place with a bank index. The Sunday, March 13 report from Goldman’s technical analyst Sheba Jafar seeks to determine if markets are “trending or turning” as they spot themes across a wide range of assets. Eurostocks find initial support while DAX lags As stocks in the U.S. have cleared interim support near 2,000 on the S&P 500, European…