This Unexpected Stock Market Indicator Offers a Big Clue as to Where Stocks Move Next

Wall Street has been rife with volatility since the start of the decade. Investors have experienced the COVID-19 crash in 2020, uninhibited exuberance in 2021 that pushed the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) to multiple all-time highs, and the 2022 bear market. Thus far, in 2023, it looks like the bulls are in control, once more.

When short-term volatility and uncertainty creep into the picture, investors are often left wondering where stocks will move next.

Image source: Getty Images.

Source Fool.com