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Why I Believe the Market Is About to Revert

by | Nov 29, 2022 | Market Outlook

In this week’s The Big Picture, I sat down with special guest Celeste Lindman to discuss why I believe the market is about to revert lower after the recent run up.

Celeste is a former registered CPA who got her start at Lehman Hutton before moving on to Ernst & Young — a Wall Street-trained expert, through and through!

Following the Great Recession, she realized that no one — including her financial adviser — cared about her money more than her.

So she sought out the top trading minds in the business — Tom Busby, Chuck Hughes and Jack Carter, just to name a few — to hone her skills. Then she began teaching fellow traders at in-person events and online classes.

In this week’s episode, we discussed:

  • Why I believe the market is about to revert lower.
  • What momentum levels and market internals are telling us.
  • The differences between my old CSI scan and my new one, and why it’s important to look at the big picture.
  • Potential trading opportunities we have our eyes on — everyone’s favorite topic!
  • And more!

And remember, we’re not here just to look at what’s going on in the U.S. economy… We also take a big-picture view of all the major macroeconomic and political events impacting global markets, and our portfolios — that’s why it’s called The Big Picture! 

Watch the replay above, and use this link to join me every Tuesday at 10 a.m. ET: https://us02web.zoom.us/j/85785766640

P.S. What WWII, the Great Recession and the COVID-19 Crash Had In Common

Trading has been harder than ever for most this year…

But what if you were able to take advantage of ONE market trend that’s been proven, time and time again?

One that’s never failed to unfold, even during the Great Depression, World War II, 1987’s Black Monday and the dot-com crash, to name a few…

We’re talking about one trend a very unlikely trader stumbled upon about 560 days ago… And once she shared this trend with me, I was SHOCKED!

I couldn’t believe I’d never seen this in my 28 years of trading…

That’s why I insisted she reveal it to all my readers in a special live presentation. And the best part is, it didn’t cost a thing to attend!

If you missed the live event, not to worry…

There’s Still Time to Catch the Replay Here 

P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.

That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!

Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.

Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details. 

Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to support@marketgeeks.com!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.

WRITTEN BY<br>Roger Scott

Roger Scott

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