1. EachPod

Make or Break Day for Markets at the 200-DMA (3/2/23)

Author
The Lance Roberts Show
Published
Thu 02 Mar 2023
Episode Link
https://sites.libsyn.com/131046/make-or-break-day-for-markets-at-the-200-dma-3223

(3/2/23) Markets sold-off Tuesday, sitting on the critical 200-DMA level of support, and this mormning futures are pointing lower, as program-trading cues up in response. Sales Force's good report yesterday will be providing support today in the Dow, but NSADAQ and S&P markets will open lower. A break below the 200-DMA will immediately run into the 100-DMA, but do not knee-jerk react; allow markets to complete the week. With markets in Sell mode for the past two weeks, and now over-sold, we are due for a bounce. We could see a break below the 200-DMA, and then an immediate recovery. All is not lost!  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=2VEa4iZqzmU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: 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 #200DMA #MarketSupport #100DMA #SellSignal #BuySignal #SalesForce #Markets #Money #Investing

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