Have Markets Set the High for the Year? (8/29/23)

(8/29/23) Markets a bullish and condensed, earnings estimates are still on the rise, and everyone is expecting things will be better, going forward. Last month's correction has not taken away from the bullish exuberance in the markets. Markets continued to rally on Monday, and a few more days' positive action will turn the MACD Sell signal into a buy signal. Markets today will challenge the 20- and 50-DMA, currently sitting atop one another. If those levels can be achieved, then markets can move higher. The question now is, have markets already set their high-point for the year? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton --------  Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=AbzKie4F5Kk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MarketRally #MarketHigh #MovingAverages #20DMA #50DMA #200DMA #MarketRally #Money #Investing