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Listen "The Week of August 28, 2023 -- Chop City"
Episode Synopsis
Adam Sarhan joins Shawn Vincent to discuss what happened last week in the market.The 50-day moving average flipped from providing support to resistance. Adam explains why this is a bearish sign. Adam described last week's market action as "chop city," meaning it is in a confused state. It's a time for A.M.P.D. traders to be patient and wait for opportunities. A.M.P.D. traders should be curating their watchlists so they can be ready to seize on opportunities when the market state changes.
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