I often say that we need to look beneath the surface of the market to decipher what’s really going on.
Today’s chart tells us precisely why that’s so important.
Chart of the Day
Over the past five trading days, the market has barely budged.
And yet, as you can see from the chart above…
The market kept printing net new highs – even on days that the markets dipped.
As I’ve been saying, the market remains healthy.
But as I explain below – this sideways action could go on for a little while.
Insight of the Day
What we’re seeing is a normal “pit stop” consolidation after a blazing rally.
The market shot up 25% in just over a month.
That kind of move will always need to be digested.
Right now, it’s been about three weeks of this digestion.
That can seem like a long time – especially to more inexperienced traders.
But the sharper the upward move – the longer the digestion period.
So don’t be surprised this sideways action lasts for longer than most would expect.
Instead of being discouraged…
Use it to your advantage.
That’s why in just a few hours at 11 a.m. Eastern later this morning…
I’ll be going LIVE to show you how to position yourself alongside an elite group of traders well-known for exploiting such opportunities.
They’ve got probably the most powerful edge a trader can have – and they don’t hesitate to use it.
That’s why following their footsteps has led me to the biggest wins of my career.
Once the market breaks out from this sideways action, the stocks these traders have positioned themselves in could blast off far ahead of the rest.
But you have to get in on them now.
So click here to guarantee your seat for my live session if you haven’t yet…
And I’ll see you in just a bit at 11 a.m. ET.
Customer Story of the Day
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Editor, Stock Surge Daily
