April 4, 2024 — Up, Down, or Sideways?

The market has been experiencing a sideways consolidation over the last several weeks. As 50-day moving averages begin to catch up with their 21s, there are opportunities for A.M.P.D. traders to enter hot stocks while they digest recent gains — with tight protective stops below support and an understanding that the market is extended and could pull back at any time.

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