Markets are at critical 50-day SMA

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Published : September 21st, 2020
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Category : Market Analysis

Chris joins Moe Ansari on Market Watch with Moe to discuss the markets (starting at Minute 24:00). Moe and Chris suggest the markets are in a very strange place – the technicals and fundamentals seem totally disconnected. The technical trend for the market remains upward, although we are likely in bubble territory, caused by Fed intervention and Robinhooders. Bubbles can go on for years, so even though prices are high the trend remains your friend. Stay alert – be cautious – and always revisit your trading strategy when markets are changing rapidly.

CLICK ON THE PLAYER BELOW TO LISTEN TO THE PODCAST

GET CHRIS’S TRADING AND INVESTING SIGNALS HERE

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Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and author of the book: 7 Steps to Win With Logic Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better. His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility. He has also been on the cover of AmalgaTrader Magazine, and featured in Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites.
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