After clearing the 100-DMA, the next step will be a re-testing to confirm the bottom is in. The good news is that the markets cleared the 20-DMA...but, that's below the 50-DMA, which today will be key resistance. If markets can clear the 50-DMA today, that will clear resistance for markets to rise higher from here. We would not be surprised to see markets pull back at this point and retest the 100-DMA over the next few days. That would actually be healthy for markets, and allow markets to rally back from the 100-DMA. There is currently no overt reason to be bearish. There is a lot of buying power set up with the reopening of buy back windows which could at least keep markets supported, if not moving higher. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=ED2D8OXTC-0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- 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/ #MarketCorrection #MarketRally #HigherBottom #RetestResistance #RebalancePortfolio #RebalanceRisk #MarketBullishness #MarketCorrection #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing