After rising on Monday, yesterday’s market movements could mean that we could see this pullback last a little longer.
The Daily Direction
Note: All indexes closed lower or flat yesterday, with the Russell 2000’s short-term direction flipping back into downward territory.
The Daily Nugget
Market consolidations tend to resolve in the direction of the underlying trend.
The trend is your friend – even when markets are consolidating, like they are now.
When these consolidations resolve, odds are that the underlying trend will resume instead of reverse.
When this consolidation ends, chances are the market will resume its next leg higher.
And many market leaders are already rising ahead of the broader market.
The time to target the market leaders is now – when the broader market is still consolidating…
That’s why Ross Givens is going LIVE in just a bit at 4 p.m. Eastern today for a masterclass on how to identify the highest-potential market leaders.
Make sure you attend before this consolidation resolves.
So click here to confirm your spot and we’ll send you the login details in a bit.
Ross will see you soon.
The Traders Agency Team