Another Pullback Opportunity Approaching?
Hey, Ross here! Today’s chart shows the percentage of stocks trading above their 50-day moving average, a key indicator of the market’s medium-term trend. Right now, that percentage is dipping sharply. But if you look closely, similar dips earlier this year turned out to be great buying opportunities. Is it guaranteed to happen again? No. But the odds are in our favor. Don’t miss out while you still can.
October 24, 2024
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