About this episode
(11/15/23) Markets not only held support at the 100-DMA, but smashed through higher on Tuesday. Now, the 100-DMA is the default support level, and any pullback towards that level will be a buying opportunity for the short term. Markets are now in overbought territory, and we're expecting a round of profit taking; don't know what the catalyst might be, but we've now achieved a 78.6% retracement of the entire decline from this Summer's highs. That's good. But, use any dips going forward to rebalance risk in your portfolio, particularly if you were nervousduring October's lows. 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=Bd5I57xSvoo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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 #MarketResistance #MarketSupport #MarketRally #MarketRetest #50DMA #100DMA #200DMA #Markets #Money #Investing