Buy The Dip?

2023-12-06 / Bruce Marshall

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In this video, we discuss the choppy market we are having and the obvious lack of momentum higher. I titled my video from last week “What goes up, must come down,” and we are seeing that. I think there is more downside in the short term and I am looking for a possible test of the ES 4500 level. That being said, I am still net long and looking Bullish into the end of the year. We have a lot of very important data coming out in the next week ending with the FED next Wednesday which will then set the tone into the end of the year.

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Bruce Marshall

Bruce began his career working for a Wall Street firm on a bond desk after the Crash of ’87. He spent several years trading bonds until he switched to the equity side which developed his love of trading equities and options early on. He traded IPO’s, secondaries, and preferred’s. In the early days, he actually had to hand write “tickets” to buy and sell securities.

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