Hey friend,
This morning we got the delayed factory orders data for August, which showed a slight rebound from July’s decrease.
Tomorrow we get the minutes of the Fed’s October meeting…
Which considering how uncertain a December rate cut is looking right now, could be a big market mover.
The Daily Direction
Note: All indexes closed sharply lower again yesterday, sending all short and medium-term directions downward.
The Daily Nugget
Know when – and when not to – follow the trend.
The trend is your friend.
Don’t go against the trend.
These are two of the most common sayings in trading.
And for good reason – they’re true (99.9% of the time).
But here’s the thing…
Just because you don’t want to go against the trend…
Doesn’t always mean you want to go with the trend either.
There’s more than just those two options – something most traders don’t realize.
And this is particularly important right now…
When the short-term trend is consolidating sideways – and could resolve either higher or lower.
In times like these, you want to take the third option…
And focus on stock-specific catalysts that are independent of the trend.
That’s why tomorrow, Wednesday afternoon at 3 p.m. Eastern…
Head Trader Ross Givens is going LIVE to break down a trading strategy that’s all about targeting these catalysts.
The key to this strategy?
Following the people who know about these catalysts before the market does…
And are openly trading on this information.
Ross will explain everything tomorrow afternoon.
Just click here to save you spot for his live breakdown…
And he’ll see you Wednesday 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
