The Advance/Decline Line is Telling Us a Different Story in the Markets!
The Advance/Decline Line is Telling Us a Different Story in the Markets!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following the CPI and FOMC decision this week. Jim explains that .6% increase in unemployment does suggest that the US economy is headed into a recession.
Jim spends a lot of time discussing the advance-decline line in the SPX and what the concentrated rally in semiconductors is telling us.
Jim gives his technical views and Elliot Wave counts for the US Dollar, Gold, TLT and the S&P 500.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC
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