US equity indices across all market cap bands staged upside breakouts through resistance yesterday and they pulled back today to test the breakout levels.
Is peace at hand? Are the trumpets sounding?
The full post can be found here.
Wednesday, March 30, 2022
Sell to the sound of trumpets?
Mid-week market update: Before the war began, I wrote that investors should Buy to the sound of cannons. Historically, investors have been rewarded by buying sudden geopolitically related downdrafts. The corollary is "sell to the sound of trumpets", or news of peace.
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