Mar 05 2025 6 mins 11
Markets are down 6% and very over sold: This is the time to look for opportunities. The problem with finding market bottoms is the time it takes to work it out. Significantly, markets tested the 200-DMA on Tuesday for the first time in a long, long time. There is a cluster of resistance around 5900 on the S&P: The 20-DMA, the 50-DMA, the 100-DMA are all clustered there. It will be tough for markets to rise above that level. It is likely markets will be trapped within a certain range for a while. The markets' over sold condition has pushed the MACD indicator to a low level we haven't seen in quite some time. Momentum and relative strength are both very over sold. Previous conditions like this have typically aligned with a market bottom. This is probably close to a level where a reflexive rally is inevitable. If that is the case, use this opportunity to rebalance risk in your portfolio. Part of the markets' decline has also been seen in the US Dollar. The Dollar is also down to its 200-DMA. Bonds, on the other hand, have enjoyed a nice rally, and are now extremely over bought. It would not be surprising to see a pull back of the TLT to the $90 level at this point. Interest Rates are similarly over bought, so expect a bit of a reset. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=eXM-nqDppmI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- REGISTER FOR OUR NEXT CANDID COFFEE (3/29/25) HERE: https://streamyard.com/watch/Gy68mipYram2 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #MarketBottom #ReflexiveRally #Tariffs #InvestorSentiment #Negativity #MarketSellOff #MarketCatalyst #MarketCorrection #ReflexiveRally #RebalancingRisk #20DMA #50DMA #100DMA #InvestingTrends #InvestmentStrategies #InvestingAdvice #Money #Investing