(7/18/23) Markets have been trending upward on all three moving averages, 20-DMA, 50-DMA, and 100-DMA. When they're all in agreement, that's confirmation of a bullish market. And with the gap spread in these moving averages, there is broad support for markets. That being said, a 3- 5% corrective pullback should be expected at some point; all of these averages would suggest upside to prices is somewhat limited at this point. This would be a good time to take a look at rebalancing risk in portfolios. We are beginning to see some decent rotation into other areas of the market, particularly in the small- and mid-cap space. We're anticipating some pullback to occur in the seasonally-weaker months of Summer, late July and August. 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=JJI-ypOQKVs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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 #BullMarket #20DMA #50DMA #100DMA #200DMA #MarketCorrection #RebalancingRisk #Money #Investing