• Tue. Jul 23rd, 2024
The First Part of the Rally | Moxie Indicator Minutes


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!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.

TG Watkins

About the author:
TG Watkins is the director of stocks at Simpler Trading. After graduating with his engineering degree, he set off to earn his Series 6 and 63 licenses and started his career as a financial advisor with New York Life. It was here that Mr. Watkins’ knowledge about the financial industry really exploded.
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Image and article originally from stockcharts.com. Read the original article here.