Market Recap for Wednesday, March 22, 2023

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SwingTradeBot about 1 year ago

What are your thoughts on 'today's (2023-03-22) market action?

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TraderMike about 1 year ago

An ugly close today and the % of stocks above their 50-day moving averages made another 2023 low.  It's typical to get some wild swings after a Federal Reserve interest rate decision.  We often don't see the true reaction until the day after.  So all may not be lost yet.  

Other things that stand out to me today:
Not a lot to feel bullish about at the moment.  

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