Hey friend,
The pullback Head Trader Ross Givens alerted readers to in his newsletter appears to be starting in the major indexes.
Next week will be all about the Fed.
Let’s see how the markets have been moving.
The Daily Direction
Note: All indexes except the Dow closed lower yesterday on the hotter-than-expected PPI data and jobless claims. The short-term direction for the Dow and Russell 2000 flipped downward.
The Daily Nugget
Just as the long-term trend can be hidden – sometimes the short-term trend can be too.
In this newsletter, we’ve talked about how the long-term trend can often be disguised by short-term volatility.
That’s why so many traders avoid buying pullbacks – they don’t know that the long-term trend is still healthy.
But while the long-term trend is what is commonly hidden…
Sometimes, the short-term trend can be too.
That’s what’s happening right now.
The mega-cap tech stocks are pulling up the S&P 500 and Nasdaq…
Disguising the fact the rest of the market is in a pullback.
But this is good news…
Because the long-term trend is still healthy…
Meaning, this pullback is a hidden buying opportunity.
Plus, Ross has just released his latest Black Edge trading system that is perfect for exploiting this pullback.
He’s been giving live masterclasses on this system all week…
With his final one happening this morning.
He may do one last live Black Edge masterclass next week – which may be the LAST one this year.
So, if you missed out on getting your hands on a system that doubled the personal account of Ross’ top analyst in a month…
A system that has predicted gains like 317% in two weeks, 244% in nine days, and 806% gain in just six days…
Next week may be your final chance.
After that, you may have to wait for weeks – and the pullback will also most likely be over.
So keep your eye out for details on the next live Black Edge masterclass…
Especially because the masterclass itself will already give you everything you need to implement this system for yourself.
Have a good weekend.
The Traders Agency Team
