Adam Sarhan joins Shawn Vincent to discuss what happened last week in the market. The 50-day moving average flipped from providing support to resistance. Adam explains why this is a bearish sign. Adam described last week’s market action as “chop city,” meaning it is in a confused state. It’s a time for A.M.P.D. traders to…
It’s the week of August 21, 2023. “Last Week In The Market,” hosts Adam Sarhan and Shawn Vincent assist self-guided independent traders in understanding Adam’s A.M.P.D. trading strategy. In this episode: All the major indices broke below their respective 50-day moving averages. Adam explains how this could be an opportunity for A.M.P.D. traders, but while…
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