Markets Still Compressing (10/17/23)

(10/17/23) Markets bounced right off the 20-DMA on Monday; the 50- and 200-DMA are the next cluster of resistance markets must move through in order to achieve a higher level by the end of the year. Markets are still compressing between two levels of resistance and support, and remain concerned about what's happening overseas. As earnings season progresses, however, that will more and more drive markets. 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=dsERvxtFfMo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Consequences Are Always Unintended" https://realinvestmentadvice.com/consequences-are-always-unintended/ "October Weakness Before The Year-End Run?" https://realinvestmentadvice.com/october-weakness-before-the-year-end-run/ ------- 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 #MarketCompression #EarningsSeason #EndOfYear #PortfolioPositioning #Israel #EnergyPrices #Markets #Money #Investing