Hey, Ross here:
The S&P 500 notched another new high to end last week again.
But as today’s chart shows, it’s not just the big names on the move.
Chart of the Day
This is the Equal-Weight S&P 500 Index (RSP) – where all 500 stocks are treated as if they have the exact same market cap.
Last Friday, it broke out of a “consolidation pattern” (white rectangle on chart) to hit another all-time high.
This means that, unlike earlier in the year, it’s not just the big mega-cap names lifting the market up.
The entire market is marching upward…
And any trader who doesn’t join the market on this march is missing out – period.
Insight of the Day
Consolidation periods are an ideal time to position yourself in the most explosive stocks.
You just saw an example of an index breaking out from a consolidation period.
When it comes to individual stocks, those breakouts are even more powerful – and far more lucrative.
The only problem?
Not all consolidation periods result in breakouts.
Many of them result in breakdowns – where the price falls after. This trips up a ton of traders.
So, how do you differentiate between a consolidation period that’s likely to resolve in a breakout rather than a breakdown?
Well, that’s what I’m going LIVE to show you tomorrow, Tuesday morning at 11 a.m. Eastern.
I’ll be hosting a live masterclass on my #1 chart pattern of all time – the FIRE Pattern.
This pattern is precisely designed to spot the best high-percentage breakouts, which is why the best traders in the world have used this pattern for decades.
This year alone, you could have used it to snap up gains like 70% in 9 days, 140% in a few months, and 340% in under two months.
And with the market marching upwards, this could be just the start.
After my masterclass tomorrow morning, you’ll know:
- Exactly how to spot the FIRE Pattern in any stock
- How to distinguish the real FIRE Pattern from the dangerous “pretenders”
- The precise moment to position yourself in the pattern for maximum gains
…and basically have the entire playbook for using this proven chart pattern in your own trading.
So click here now to save your seat for my FIRE Pattern masterclass tomorrow morning…
And I’ll see you Tuesday morning at 11 a.m
Customer Story of the Day
“Stealth Trades at 5$ got me in the door. Very much a beginner at trading stocks. Ross and his team do a wonderful job at explaining the ins, outs, charts, highs, lows of trading market stocks.
After a couple months I went in on the FIRE Trader with them and have not looked back. When I have more funds available I will join the Alpha Stocks and Insider Effect as well.
The methods Ross uses are top notch. They are smart and wise with their clients’ financial risk vs the reward. They have a customer for life here and will brag all day about trader agency gains.”
Ross Givens
Editor, Stock Surge Daily
