(9/9/21) Markets continue to trade poorly, triggering a money flow buy signal, and a retest of the 20-DMA. This has been the norm for the past few months. Markets may bounce off this today. Next week is the next options expiration, which has historically led to a sell off in stocks. Money flow and MACD signals are ready to trigger, and will lead to a test of the 50-DMA next week. Breadth remains narrow, volume continues to weaken--suggesting a higher level of risk of a correction. Manage your portfolio, set stops, and retain your gains. We're not looking for a major crash, but a healthy correction, providing buying opportunities. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Articles mentioned in this report: https://realinvestmentadvice.com/technically-speaking-wall-street-sets-its-sights-on-sp-5000/ -------- 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/ #MarketCorrection #MoneyFlowSignals #BuyingOpportunity #Fed #Stocks #Trading #Rates #Money #Markets #Finance #S&P_5000 |
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