Hey friend,
This morning we got some wholesale trade data, which came in line with expectations but significantly below last month’s numbers.
In a couple hours, we’ll get the Fed meeting minutes and some data on consumer credit.
Let’s see how the markets have been moving.
The Daily Direction
Note: Indexes closed lower yesterday and opened lower this morning as well on the news that the Iran conflict may be back on again. The short-term direction for the Russell 2000 fell into downward territory.
The Daily Nugget
Buyers move in herds.
Most traders think they’re acting independently.
They’re not.
One stock starts moving.
A few traders notice.
Then it hits a scanner.
Then it shows up on watchlists.
Then momentum traders pile in.
Before long, what started as a small move becomes a herd.
That’s why breakouts can be so powerful.
It’s not because a stock crossed some magical line on a chart.
It’s because enough buyers start seeing the same setup at the same time.
And once that happens, demand can snowball fast.
But you don’t want to wait until the whole herd is already stampeding.
By then, you’re probably late.
The better move is to spot the setup when buyers are just starting to gather…
Before the breakout becomes obvious.
That’s what Head Trader Ross Givens is showing LIVE in just a few hours at 3 p.m. Eastern…
His #1 breakout chart pattern for spotting these moves before the crowd fully piles in.
This pattern has helped us get the shot at gains like 70% in 10 days…
114% in 4 days…
And even 148% in just 2 days:
In just a few hours, Ross will be sharing all the details about this prophetic pattern…
Including the name and ticker of a stock that’s setting up for a potentially massive move right now.
So click here to guarantee your free seat if you haven’t already…
And Ross will see you in just a bit at 3 p.m. ET.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
