Hey, Ross here:
The major indexes had another good week last week.
That said, I wouldn’t be surprised if we see a lower weekly close for this week.
As the chart below shows, it seems due.
Chart of the Day
The S&P 500 has now been above its 20-day moving average – a gauge of short-term direction – for 59 straight days.
That’s only happened a handful of times dating back to 1950.
It seems likely that the S&P 500 will fall back below its 20-day moving average very soon…
Which would imply a pullback of 2% or more.
Should this happen, you can expect the media to come out with a barrage of headlines talking about the “end of the rally”… a potential “market crash” and so on.
That’s the playbook they run every time.
But now that you know it’s coming…
You can easily shrug off their attempts at doom-and-gloom…
And keep focusing on the pockets of strength in the markets.
P.S Text the word “trade” to 87858 and never dig around in your inbox for this newsletter again.
Insight of the Day
Many market participants have a vested interest in fearmongering.
The media loves fearmongering because it gets clicks.
But they’re not the only ones with a vested interest in fearmongering.
The big institutions… the hedge funds… the “in the know” traders – they all do as well.
The more fear there is in the air – especially when market internals are strong…
The more they can enter their target stocks at lower prices.
When you control as much capital as they do, even a little bit makes a big difference.
It’s all part of their edge.
I saw all this first hand working in the belly of Wall Street.
And it’s what made me want to help the “little guy” in the first place.
One reality of the markets we have to accept is that the big dogs and shadowy players will always have an advantage over ordinary folk.
That’s the bad news.
The good news is that – if you know what you’re doing…
You can “steal” their edge for yourself.
That’s exactly what I’m going to show you LIVE tomorrow, Tuesday morning, at 11 a.m. Eastern.
I’ll expose the underhanded – yet incredibly effective – tactics these players use…
And how to legally harness it for yourself.
It’s all about looking at the action happening beneath the market – where most people don’t bother looking.
I’ll explain everything tomorrow.
In the meantime, just click here to register for my live reveal tomorrow morning…
And I’ll see you Tuesday, July 22, at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Being new to the program, Ross is receptive to helping those who are new and just learning.
Very knowledgeable for sure.
Thank you and looking forward to the next session on Monday”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
