Weekly Protect Your Portfolio
Mar 27, 2022 11:54 pm
Good day everyone.
It's a very mixed picture.
Yes, the S&P 500 is back on a weekly buy signal joining the TSX.
At the same time, both the SPY and the QQQ traded up to resistance and stopped.
This week is not only month-end but quarter-end, so we are expecting additional volatility.
As interest rates rise, it looks like the housing market is in the US is starting to soften.
Phase 1 of the recession may have already started.
The next video will be on Tuesday morning.
Click below to watch today's video.
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