Hey friend,
Markets closed lower yesterday, with the S&P 500 rejecting the previous highs.
Minor setback or the start of more short-term weakness? We’ll see.
Because Powell just spoke this morning – and he all but confirmed a rate cut in September.
Next week will be a pivotal one to set the tone for the market’s next direction.
The Daily Direction
Note: All indexes closed lower yesterday, with the short-term direction of the Nasdaq flipping back downward.
The Daily Nugget
Most traders are notoriously bad at “accepting” short-term weakness.
The recovery from the August selloff was swift.
Just as Ross Givens said, it was a short-term correction instead of the feared longer-term crash – and a lucrative opportunity to buy the dip.
We may be seeing more short-term weakness emerge on the horizon.
And most likely, most traders will overreact again – creating another opportunity…
Even though the selloff just ended.
That’s just how people are.
We see it in individual stocks as well.
A stock may have performed strongly and then run into some short-term weakness.
Weak traders flee at this point – smart traders recognize the opportunity.
The problem is distinguishing short-term weakness from actual weakness in individual stocks.
If you can do this, you’re setting yourself for rapid gains.
That’s why tomorrow, Saturday morning at 11 a.m. Eastern
Head Trader Ross Givens is going LIVE for a very special weekend masterclass…
Where he’ll show you his #1 pattern for identifying these short-term weakness opportunities in individual stocks.
One recent stock this pattern identified shot up by over 40% in just a few weeks – and this could just be the start.
In his special weekend masterclass tomorrow, Ross will show you:
- Exactly what this chart pattern looks like…
- The precise criteria that lets you separate the “true” pattern from the many dangerous “fakers” out there
- And how to precisely position yourself within this pattern to set yourself up for the biggest gains.
By the time Monday rolls around, you could be equipped with one of the most powerful tools a trader can have in their arsenal – so don’t miss it.
So please click here to secure your seat for Ross’ masterclass…
And we’ll send you the login details before it starts tomorrow.
Ross will see you Saturday at 11 a.m. ET.
The Traders Agency Team
