DP Trading Room: New Market Bias Assessment Table
In this week’s edition of The DecisionPoint Trading Room, Carl introduces viewers to the new Market Bias table now included in the DecisionPoint Alert. This table covers all the major indexes, sectors, and select industry groups. He goes over how we determine the bias in the intermediate and long terms. What is the table telling us right now?
Carl and Erin discuss the NVDA chart, as well as the other major mega-cap stocks. Erin then examines three sectors that are currently catching her eye based on new strength and/or reversals off key support levels. She closes the trading room out with a look at your symbol requests.
This video was originally recorded on August 28, 2023. Click this link to watch on YouTube.
New episodes of The DecisionPoint Trading Room premiere on the StockCharts TV YouTube channel on Mondays. (No new episode on September 4 due to the Labor Day market holiday.) Past videos will be available to watch here. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!