Hope you had a good weekend. Let’s see how markets have been moving as we start a new trading week.
The Daily Direction
Note: All indexes ended last week down – with the Fitch downgrade adding to the fact that a pullback was overdue. Still, only the short-term directions for the S&P 500 and the Nasdaq have flipped downward – a testament to how strong the new bull market has been.
The Daily Nugget
The strength of your trading edge will vary with the market – so understand how and when it does so.
Every successful trader has an edge.
But more importantly, every successful trader also understands how and when the strength of that edge will change with the market.
For instance, one trader’s edge might work best when the market is in a strong uptrend. Another’s might work best when the market is falling.
It all depends on the specific edge you have – which is why it’s imperative you understand how and when its strength varies according to the market’s conditions.
And tomorrow at 12 p.m. Eastern, Ross Givens is going LIVE to show you how to apply his top trading edge in today’s markets.
So, if you don’t have a strong trading edge at your disposal already…
And get ready to dominate the rest of 2023.
The Traders Agency Team