EPISODE · Aug 22, 2019 · 25 MIN
Did the market just top out today?
from MyStrategicForecast
Today's market was anything but garden variety. An early spike higher only to be met with over head resistance on the charts to see markets go on a hard fast selling spree.By the end of the day, the returned to the zero line, making it look boring at best.What's really going on is that market participants are once again "waiting on the Fed."Friday the Fed Chair Jerome Powell will provide some guidance in the form of a speech. Markets are waiting for the Fed to goose the markets. Is the goosing over. Can they continue this monetary madness?From a technical perspective using the candlestick charts, we'll unpack the current state of the market form a long and short term perspective to provide the best schematic as possible going forward.We provide common sense technical analysis on many different markets using charts from various time frames to give traders and investors the most comprehensive look at what today's market is doing.Whether you're a beginner or advanced trader, each and every day there are lessons to be taken away from the in depth market analysis where we look at the market from a unique lens. Hosted on Acast. See acast.com/privacy for more information.
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Did the market just top out today?
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