(10/16/23) Markets ended their two-week rally, falling on Thursday and Friday and running right into the convergence of the 50- and 100-DMA's and came to rest atop the 200-DMA. Market futures are flat this morning, interest rates are rising, and the Dow is elevated, thanks to energy stocks' response to the war in Israel. It is entirely possible markets could re-test the 200-DMA today, as markets pull-back. That would set markets up for yet another rally as we get into November/December. While markets are doing what they're doing, pay attention to a downtrend channel. There's nothing of particular note to be concerned about; the MACD Buy-signal is in place against a backdrop of negative positioning currently. Many managers are off-sides and under-weight in stocks, and their adjustments before year-end will affect market dynamics heading into the final months of the year. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=eKhAebIm9J8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "October Weakness Before The Year-End Run?" https://realinvestmentadvice.com/october-weakness-before-the-year-end-run/ ------- 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/ #InvestingAdvice #EndOfYear #PortfolioPositioning #Israel #EnergyPrices #Markets #Money #Investing