Hey, Ross here:
Markets dipped slightly yesterday, ending a powerful six-day win streak.
But guess what?
There were still more stocks making new highs than lows.
Chart of the Day
The top half of this chart is the Nasdaq – which dipped slightly yesterday.
The bottom half is the New New Highs indicator, which shows how many US stocks are making new highs versus new lows.
Red means more stocks making new lows compared to new highs.
Green is the opposite.
And as you can see, even though markets dipped yesterday, the New New Highs indicator printed green.
This is a great sign.
And did you notice one more thing about the chart above?
I explain more below.
Insight of the Day
The Net New Highs Indicator points toward stocks still having plenty of room left to run.
Even though there are more stocks making new highs than lows…
The number of net new highs is still small compared to the past rallies.
Take a look at the same chart – this time expanded out further.
You can clearly see just how many more net new highs were present during previous rallies.
There’s plenty of room for net new highs to keep expanding.
And when net new highs expand, you get breakouts.
That’s where the opportunity is right now.
That’s why later this afternoon at 3 p.m. Eastern…
I’m going LIVE to show you my “breakout radar”…
A precise system for targeting the highest-potential breakouts in this market.
It works by detecting the subtle signs of institutional money inflow – which I call “Pressure Points”.
You see, when the institutional money moves, they almost have to move in big.
That’s what makes these Pressure Points so powerful…
And why they’ve signaled huge breakout moves like 136% in 4 weeks…77% in 3 weeks… and 87% in just 24 hours.
With so much institutional money still on the sidelines, there’s tons of fuel left for these explosive breakouts.
So take advantage of them while you still can.
Click here to guarantee your spot at my live session later this afternoon if you haven’t yet…
And I’ll see you at 3 p.m. ET today.
P.S. If you’re planning to attend on a mobile device, download the presentation app now so you don’t miss anything when it starts.
Customer Story of the Day
“Ross Givens from Trader’s Agency is an awesome resource to help you with your investing needs and investing education.
I waited about three months to write this review to give myself time to see the impact on my portfolio and I have been completely satisfied.
Ross has a no nonsense, simple approach that makes it easy for all investors and he takes the time to answer all questions on a weekly basis.
Thanks, Ross and Traders Agency!”
Ross Givens
Editor, Stock Surge Daily
