Hey friend,
The inflation data yesterday morning was hugely negative for the markets.
Now, as Ross Givens has been saying, this isn’t necessarily a bad thing – a pullback is overdue.
Still, expect higher volatility in the coming days as the market digests this data.
In the meantime, let’s see how this has affected the index directions.
The Daily Direction
Note: All indexes closed lower yesterday. The short-term direction for the Russell 2000 flipped downward – and the medium-term direction is precariously close to following suit.
The Daily Nugget
Skilled traders can hold multiple time horizons in mind – each with potentially differing views.
You should be able to hold multiple market views according to different time horizons.
For instance, you can be bullish in the short term and bearish in the long term.
You can also be bearish in the short term and bullish in the long term.
On a theoretical level, holding these competing views is easy.
But actually trading upon them – such as by buying when the market is going down – that’s the real challenge.
Right now, Ross is short-term bearish but medium to longer-term bullish.
This means that as the market pulls back, he’s using it to grab the leading stocks on the cheap.
And later today at 4 p.m. Eastern…
He’s going LIVE for a masterclass to demo a formula that will allow you to easily target the highest-potential leading stocks out there right now.
This formula has been used by the greatest traders in history to take advantage of situations where everyone else is panicking.
Once you see how it works, you’ll have everything you need to exploit this pullback opportunity.
So make sure you click here to confirm your spot for Ross’ masterclass…
And we’ll send you the login details shortly.
Ross will see you very soon.
The Traders Agency Team
