On this week’s edition of The DecisionPoint Trading Room, Carl, as always, opens the show with a market overview, but, in this episode, spends extra time looking at the Dollar in all three timeframes. He also reviews key indicator charts which favor a intermediate-term market top on the way. Erin reviews defensive sectors, Consumer Staples (XLP) and Healthcare (XLV), and also gives us insight during symbol requests on Semiconductors (SMH) and Biotechnology (IBB).
This video was originally recorded on April 24, 2023. Click this link to watch on YouTube. You can also watch this episode and other past episodes on the StockCharts on demand video service, StockChartsTV.com. Registration is free!
New episodes of The DecisionPoint Trading Room air on Mondays at 3pm ET on StockCharts TV. Past videos will be available to watch on demand. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!
Erin also hosted the Monday, April 24 edition of StockCharts TV’s Your Daily Five, in which she warns that the market is ready to topple and correct overbought prices.
