About this episode
Markets have a short trading week in which to function, and volumes will be a bit lighter. Markets closed on Friday at previous highs set in July. If markets can break out, that will allow momentum to carry markets higher. There is a lot of bullish sentiment. If markets close down today, that will keep things within a consolidation range. A break to the downside will test support at the 20- and 50-DMA. As markets are oversold, a breakout to the upside will be difficult to sustain in the near-term. We are seeing a loss of momentum over all. Don't become overly-negative, but this would be a good opportunity to remove risk from portfolios. 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=ojxEbzU9heE&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/ #BullishTrend #MarketCorrection #MarketRally #Oversold #Overbought #MarketBullishness #MarketCorrection #ConsumerConfidence #MarketVolatility #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing