Hey, Ross here:
I mentioned yesterday about how I talked about the potential breakout in the small-cap Russell 2000 literally a day before it happened.
Well, here’s another breakout I called…
And this one could keep the bull market going for much longer.
Chart of the Day
On June 24, I posted this chart of the Equal-Weight S&P 500 index.
I noted the bullish wedge pattern forming that could signal a strong breakout higher.
It took a few weeks, but the Equal-Weight S&P 500 index also broke out last week.
Taken together with the small-cap breakout, and it looks like participation in this bull market is steadily widening…
Which would provide the necessary foundation for it to continue for potentially many months longer.
Don’t sit out of this one.
Insight of the Day
The “double breakout” in both the Equal-Weight S&P 500 index and the small-cap Russell 2000 proves the buyers are still very much in force.
What creates bull markets? Buyers.
What causes bull markets to end? Buyers leaving the party.
That’s it.
Last week’s “double breakout” proves that the buyers are still very much in play – perhaps even more so than ever.
This means there are plenty of opportunities remaining in this bull market…
Opportunities created by the movements of the big buyers themselves.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE for a new masterclass that will allow you to track the movements of these big buyers…
Using my unique indicator that scans for their “buying pressure” in specific stocks.
When this “buying pressure” hits the threshold, that stock could pop off like a geyser.
So don’t miss my masterclass later, which will show you:
- How to detect when buying pressure is building up in a specific stock…
- Why most traders are blind to this buildup of pressure (and miss out on big gains)…
- And how to use my “PSI Gauge” to determine the exact point to jump into one of these “pressurized” stocks for maximum gains.
This strategy could already have had you up almost 130% in less than two months…
So, if you haven’t done so yet, click here to guarantee your seat for my live masterclass later…
And watch out for the login details in your inbox shortly.
I’ll see you at 11 a.m. ET – do try to login early if you can.
Ross Givens
Editor, Stock Surge Daily
