State of the Union
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Good afternoon traders. First, I have paused billing on the Substack as I am working on a great new project and I want to focus on that a little bit more. I will still have articles out for you all but I do not want to commit to anything right now. I will restart daily articles very soon.
The market has just broken below its 50day MA today making it very bearish for us traders.
Sentiment is flipping here and many names are breaking down.
Tomorrow we have the minutes from the Fed’s FOMC so that will be interesting.
Just wanted to get this quick article out and I will let you all know when my new website is up as there has been a huge request for real time alerts and I want to know how you all want me to do that.
Thanks,
-Adit Dayal