“Seasonality” in the stock market will play a big part the rest of 2022!
“Seasonality” in the stock market will play a big part the rest of 2022!!
David Keller CMT from StockCharts.com joins Blake Morrow today to talk how he sees the broad #market moving forward. The last time he joined the Traders Summit community he warned that most stocks were trading below their 200dma and the risk was lower. He was right and the market sank precipitously!
Now, Dave is concerned sentiment may be too bullish, but is encouraged that stocks like #AAPL #MSFT and other market leaders are showing good strength. However, he has some warnings as we head into the fall and does think the #market could pullback. Seasonality may play a big part this year in the stock market due to the election cycles!
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
20220813