4-18-24 Do You Buy or Sell Into the Bounce?
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Description
Markets are still in a correction mode, and we've been talking about a looming correction since January, with markets continuing to grind higher along the 20-DMA. When the 20-DMA broke, the computer buying algorithms were tripped. Now we're down about 4% from the peak, working off the initial 5% of the correction. (Fibonacci primciple explained here.) After four-straight says of selling, markets are getting over sold, and preparing for a bounce. The question now becomes, whether to buy the bounce, or sell into the bounce? 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=9gBp0qyKXwo&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/ #OversoldMarket #RebalancingRisk #BreakTheTrendline #MarketSupport #MarketCorrectionComing #MarketTrendChannel #20DMA #50DMA #200-DMA #InvestingAdvice #Money #Investing
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