On this week’s edition of Moxie Indicator Minutes, TG goes through a few examples of how the market might continue before the 1-2 punch of a pullback and topping pattern. TG is seeing a ton of names that are in what he calls the Weekly Arch of the Foot, and therefore he expects those names to begin to pull back. If the pullback is into support, as he shows with NIO and many Chinese names, then we can go long when that condition arises.
This video was originally broadcast on August 12, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!