Are Bulls in Control of Markets Now? (3/6/23)

(3/3/23) Sell signals triggered in February indicated a correction had begun, leading to a sell off to the 200-DMA. On Thursday, markets rallied off the 200-DMA, and on Friday rallied to the 20-DMA, which is now the first-level of resistance from this rally. Caveat: The upside to this rally is likely fairly limited, probably only to 4,200 or 4,250, so caution is key. Market drivers later this month will be this Friday's employment report, a new CPI report, and the FOMC meeting. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=7wr7voNaxgM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: 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/ #InvestingAdvice #200DMA #MarketSupport #100DMA #SellSignal #BuySignal #BullMarket #CPI #Employment #FederalReserve #Markets #Money #Investing