Let’s make this real easy.After inflation data, speculation on the next moves from the Fed, fears of recession, calls for soft landing and so forth and so on, I want, no crave, simplicity.Calling on my Economic Modern Family, we got 2 of them offering us the easy answers of what comes next in the overall market.Our dear Granny Retail XRT will tell us a lot after the economic data already out, and then the retail sales and earnings reports.This is a weekly chart.Pretty clear-With price sitting right on the 200-weekly moving average, if XRT closes above it or below it, next moves will be obvious.For those playing along, that number is 73.50 – write it on a post it and paste it to your computer screen.Transportation IYT.Charles Payne asked me about it on his show this week (clip below).IYT directly ties in with retail-if people are buying, goods are moving.This is a weekly chart.With price sitting right on the 50-weekly moving average, if IYT closes above it or below it, next moves will be obvious.For those playing along, that number is 64.25-write it on a post it and paste it to your computer screen.Yes friends, with some patience and a plan with real numbers, you can do this!More By This Author:When Markets Exhibit A Lack Of Clarity, That’s Clarity
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