About this episode
Last year's market rally amid the AI chase and hopefulness for Fed rate cuts tracked right along a narrow channel around the 20-DMA. Then came Summer, and a market correction that hit in October. Markets formed a rounded top during that action, which is what we're beginning to see currently. Markets have operated similarly in a defined range along the 20-DMA and are now developing another rounded-top as the market starts to lose momentum. Theoretically, markets could take out last Thursday's low today...a process that is beginning to confirm a break in the trendline that goes all the way back to last year. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=tgN81AwIyRU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- 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/ #BreakTheTrendline #CPI #InflationIsStillHot #MarketSupport #MarketCorrectionComing #MarketTrendChannel #20DMA #50DMA #200-DMA #InvestingAdvice #Money #Investing