In this week's edition of Moxie Indicator Minutes, TG notes that the markets are deciding to hang on tight to their upper levels over the holiday week. He thinks we still need a pullback, but perhaps it will be more of a flag. Either way, initiating long trades right here and now is not ideal, so he argues that it's time be patient, waiting for dips to show up and provide buying opportunities.
This video was originally broadcast on November 24, 2023. Click this link to watch on YouTube.
New episodes of Moxie Indicator Minutes premiere weekly. Archived episodes of the show are available at this link.
About the author:
TG Watkins is the director of stocks at Simpler Trading. After graduating with his engineering degree, he set off to earn his Series 6 and 63 licenses and started his career as a financial advisor with New York Life. It was here that Mr. Watkins' knowledge about the financial industry really exploded.
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