Let’s dive into another interesting week of market conditions! There are two indicators that have proven to work well this year and simplify direction in this complex market. The market has stopped at two simple places: the 50-day simple moving average (SMA) and if it doesn’t hold there, it hits the Ichimoku Cloud. Watch the video above for a full review of using these indicators to gauge the current market conditions and key levels to watch on our focused list.
Stay Focused!