Hey, Ross here:
And let’s start the day with a chart showing why everything is fine despite all the worry about yesterday’s market drop.
Chart of the Day
I shared this chart of the S&P 500 last week – but it’s worth looking at the updated one again.
As you can see, despite the drop in the market yesterday, the index is still trading above August 2022 highs – which have now formed a solid support level.
And even during the pullback in the latter half of June, you can see the market “bounce” off this support level.
In short, I’m not worried about the pullback at all.
Just like the last one, it’s an opportunity.
Insight of the Day
If it were easy to buy pullbacks, everyone would do it.
Not all pullbacks should be bought.
But certain pullbacks – like the ones that naturally occur after the market has risen for a while – can lead to prime opportunities.
We could be entering one such pullback right now.
If so, I would encourage you to take advantage of it.
But like many things in trading, while it may be simple, it won’t be easy (from an emotional standpoint).
If it were easy, everyone would do it. But they won’t – which is paradoxically what creates these opportunities in the first place.
Look, I can’t manage your emotions for you.
But I can give you a proven strategy for extracting maximum value out of this pullback opportunity…
A strategy that has delivered gains like this one just this week (and many more similar fast gains this year)…
A strategy that I’m showcasing LIVE later today at 12 p.m. Eastern – for the LAST time in probably months.
So if you don’t have this strategy in your toolkit already…
Make sure you click here to save your seat for this live session…
Because I expect the room to be packed…
And I don’t want you to miss out on this strategy and all the opportunities it’ll spot this year.
Here’s the link to save your seat again.
See you at 12 p.m. ET sharp.
Ross Givens
Editor, Stock Surge Daily
