by Lance Roberts
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| (8/22/22) Over-extended markets sold off on Friday after breaching the 50-DMA, and ran into resistance at the 200-DMA. This 9-week rally aligns with similar bear market rallies historically; one thing we're looking for is a sell-signal in the MACD indicator. The money flow indicator is also showing a sell-signal, suggesting some downward pressure follow-through this morning (futures are pointing lower.) The first support test will be at the 20-DMA. The 50-DMA is the markets' "line in the sand." More detailed analysis is provide in this weekend's Bull Bear Report, the link for which is found below. 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/ ------- Articles mentioned in this report: "FOMC Minutes Excites The Bulls?" https://realinvestmentadvice.com/fomc-minutes-excites-the-bulls/ ------- 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/ #Investing_Advice #FOMC_Meeting_Minutes #Bull_Market #Bear_Market #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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