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How Low Will The Market Sell-Off Go? | Lance Roberts & Adam Taggart
Thoughtful Money with Adam Taggart
Expect Retracement for Confirmation
Price dynamics dictate that significant deviations from moving averages are likely to reverse. In the context of long-term bond investments, a recent price breakout from a lengthy wedge pattern indicates a trend change. For greater confirmation of this shift, it's essential to anticipate a retracement to the previously established ceiling line, which should ideally serve as a new floor. If the price bounces off this level, it presents an advantageous entry point for increasing investment.
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