Welcome to a new trading week.
We’ve got one more month left in the year.
Will small caps finally break out?
Chart of the Day
This the small-cap Russell 2000 going back the past four years.
Unlike the other major indexes, which have hit one new after another since 2023, the Russell 2000 has lagged.
Despite its decent performance, it’s still below its 2021 highs.
But as the chart above shows, it could be just about to break past those highs.
If that happens, it will be hugely beneficial for traders like us, who prefer to focus on smaller stocks.
And here’s the important part…
You don’t have to – and you shouldn’t – wait for the index to break out.
I explain why below.
Insight of the Day
The leading small-cap stocks will break out before the broader index does.
That’s why they’re called leading stocks – they move before the broader market.
And since the small-cap index is poised to break out to new highs…
This means these leading stocks are either already breaking out or on the verge of doing so.
So now is the time to position yourself in these leading stocks.
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will show exactly how to target these leading stocks.
You see, these leading stocks often exhibit a very familiar pattern.
It’s the FIRE Pattern – my #1 chart pattern of all time…
And the ultimate pattern for targeting leading stock breakouts.
In previous breakouts this year, you could have used this pattern to scoop up gains like 70% in 9 days, 140% in a few months, and 340% in under two months.
But with the entire small-cap index about to break out to new highs – gains like these could just be the start.
So please click here to save your seat for my live FIRE Pattern masterclass tomorrow morning.
And get ready to discover:
- The step-by-step rules for spotting the FIRE Pattern…
- The exact type of price action you need to be looking for…
- And the precise moment to position yourself in the pattern for maximum gains.
Let’s close out the year strong.
See you at 11 a.m. ET tomorrow.
Customer Story of the Day
"I am new at trading and have bought many programs, Ross's training is bar-non. Ross is the first one I actually placed trades with.
I only do one contract at a time and I am up $500 my first week. My first trades were life changing to me! Thank you! Ross and your Team..."
Ross Givens
Editor, Stock Surge Daily
