The “Fed speak” we talked about yesterday caused the rally to pause…
And with inflation data on the menu for next Tuesday – next week is likely to determine whether this rally is sustainable or not.
The Daily Direction
Note: All indexes closed lower yesterday, with the Russell 2000’s short-term direction flipping back downward.
The Daily Nugget
To be successful at trading is to be comfortable living with uncertainty.
Human nature abhors uncertainty…
But uncertainty is the natural – and in fact, only – state of the markets.
That means to be successful at trading is to go against our very nature…
And be comfortable living with uncertainty.
That’s what makes trading so challenging.
Think about what’s happening with the rally right now.
It’s taken a quick pause – and most have no idea whether it’s going to continue or not.
But you have to position yourself regardless.
Now, uncertainty will always be there…
But you can take steps to reduce it – for example, by following the advice of a trusted mentor…
Someone like Ross Givens.
And right now, the strategy that Ross recommends you use to take full advantage of the pause in this rally…
The Traders Agency Team