Markets Retest the Breakout (4/5/23)

(4/5/23) The markets' rally from recent lows has flown in the face of Fed rate increases and bank failure news. The pullback we forecast in February came to pass thru early March, and since then markets have rallied back on expectations of a Fed pivot (despite no indications that's what the Fed will do). Markets yesterday retested a breakout of the downward trend line, combining with a trend of higher lows to create a market compression scenario. Today's action will be key in testing both boundaries. Patterns suggest a modicum of bullish support still exists...for now. 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=ryhlhNtlPm4&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 #MarketCompression #BullMarket #BearMarket #Recession #FederalReserve #InterestRates #Markets #Money #Investing