Oversold Bounce

On this week’s edition of Moxie Indicator Minutes, TG reviews general markets and tickers which give us an idea of the overall weakness out there. We are prepared to have prices move up right now, since things are really oversold, but, based on the Moxie rules and trade patterns, TG is not seeing anything worth taking to the long side. Most upside moves are setting up for potential shorts, and that is the direction he is more interested in playing.

This video was originally broadcast on September 9, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.