Investing
Current Market Outlook
BLOG POST: Our Current Market Outlook is “Uptrend Under Pressure” and our light is “yellow.“
James Jon Benet
December 18, 2024
The market is testing a key technical indicator. The S&P 500 index is testing its 50 day moving average. It’s currently under that level, which warrants caution.
Watch for a large gain on strong volume within the next few days. That could set the market up for a renewed uptrend.
Have a Triumphant day! ®
The information in this article is based on data obtained from recognized services and sources and is believed to be reliable. Any opinions, projections or recommendations in this report are subject to change without notice and are not intended as individual investment advice. Not to be used as legal or tax advice.
©2016 Triumphant Portfolio Management, LLC.
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This information is not intended to be a substitute for specific individualized advice. The TPM strategies cannot assure a profit nor protect against loss. Inherent limitations and market conditions may affect the performance of portfolios in any given market environment. Past performance does not guarantee future results. Investors should consider the investment objectives, risks, charges, and expenses associated with any investment strategy.
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