Does Market Retracement Spell Return to All-time Highs? (7/20/23)

(7/20/23) Concerns of a bear market retracement are predicated on a credit-related issue, like, for example, the banking sector crisis. But Markets have now retraced over 78% of the decline from peak of January 2022. Historically, when markets make certain retracements through various levels of resistance (at which they can typically fail), and clear those levels, markets typically move higher. Beyond the 78% mark, there's no historic precedent for markets not hitting all-time highs. Notwithstanding, that does not mean a correction won't happen somewhere along the way. If markets do achieve another all-time high, possibly before the end of the year, or in early 2024, that will validate the correction that occurred in the 2022. 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=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #BullMarket #MarketCorrection #AllTimeHigh #RebalancingRisk #Money #Investing