(8/23/21) Every time markets have tested the 50-DMA recently , as investors show up with a case of FOMO, thanks to the Fed's continuing quantitative easing. Each dip has followed the same pattern since last November's lows. Money Flow signals remain in place, meaning upside is limited; volumes are drying up. MACD signals also remain in place. At some point, the 50-DMA will be violated. Is the Fed re-thinking its tapering position? The reality is a slowing of economic growth, and a big gap between consumer confidence and the Fed's monetary policy. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- 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/ #Fed #Bitcoin #Gold #Stocks #Trading #Rates #Money #Markets #Finance |
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