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Downtrend Remains Intact

Downtrend Remains Intact

FromThe Real Investment Show Podcast


Downtrend Remains Intact

FromThe Real Investment Show Podcast

ratings:
Length:
3 minutes
Released:
Jun 6, 2022
Format:
Podcast episode

Description

(6/6/22) Markets are set to rally this morning following Friday's sell off--the big question is whether the rally can be maintained? Markets are starting the week on a MACD Buy-signal, and are on the over-bought side, short-term, which could suppress any rally slightly. Markets are struggling with bottoms established in April, and also when Russia attached Ukraine. Additionally, the 50-DMA is rapidly dropping, following the downward trendline. There is much work to do as negative sentiment remains predominant. Also providing impact this month will be $3.2-Trillion options expirations, and the quarterly portfolio fund rebalancing dynamic; these factors could give a lift to markets. As long as the downtrend remains intact, we've got to use these rallies to sell-in to, raise cash, and be a bit more defensive. Meanwhile, the Fed will be tightening liquidity AND raising interest rates. Observing price action will provide clues as to where markets might go next. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ -------- Watch the video version of this report by subscribing to our YouTube channel: https://www.youtube.com/watch?v=YPoLYJTcNiQ&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #MarketResistance #MarketBottom #50_DMA #OptionsExpiration #FederalReserve #QuantitativeTightening #InterestRates #Markets #Money #Investing
Released:
Jun 6, 2022
Format:
Podcast episode

Titles in the series (100)

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