Article
What Could Break The Bull Market This Summer
What Could Break The Bull Market This Summer
Authored by Lance Roberts via RealInvestmentAdvice.com,
Key Takeaways
After nine straight up weeks, the bull market pullback we flagged finally arrived, and it stopped cold at the 50-day moving average.
The selloff reset an overbought tape without breaking trend. RSI fell from above 70 to the low 40s, and Thursday’s bounce came on broad participation.
Our Money Flow Breadth Ratio ticked up to 60%, back in buy territory, and we’re holding equity exposure at 100%.
The bigger risks haven’t gone anywhere: record margin debt, fading retail demand,...
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