It seems to me the market is going to drift upward, but the path is unclear.
And while we could look to play the bullish side, I think the bigger move will be down once the SPDR S&P 500 ETF Trust (SPY) and its daily 50-day simple moving average (SMA) meet.
Let’s review this wild action:
There are many economic variables influencing the stock market this year. How do you trade this ever-changing environment? Members of my Moxie Indicator™ Mastery Program learn how to combine fast-moving signals and track movement as the market adjusts to sudden changes. Join us as we keep up with how this market is moving!
Your Profit Pilot, TG