About this episode
(11/21/23) Markets had a good day on Monday on low volume to start a holiday shortened trading week, pushing into three standard deviations from the 50-DMA. While that's not a huge bear flag, markets just over bought at this point, typically this will be followed by some type of pullback. There is presently a big gap between the 50- and 20-DMA, but the 20- is about to cross above the 50-DMA, providing bullish support for markets. Money flow indicators are about to flip to negative, for another indication of a market peak. This could be the set up for a year end rally, and where that rally might take us is anyone's guess. 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 new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=ZMOtmA1IJ8w&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Complacency Seems Overly Complacent" https://realinvestmentadvice.com/complacency-seems-overly-complacent/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketConsolidation #MarketPullback 20-DMA 50-DMA #Markets #Money #Investing