Hey, Ross here:
Stocks have snapped their win streak – posting two negative days in a row.
And later this afternoon, Fed Chair Powell will start flapping his lips…
Which, if history is any indication, will likely cause markets to dip further.
And yet, I’m not worried.
Today’s chart helps explain why.
Chart of the Day
This is the Advance-Decline line.
It’s a cumulative measure that shows how many stocks are advancing versus how many are declining.
It’s yet another measure of market breadth.
And as you can see, even though the indexes are still quite a ways from new highs…
The Advance-Decline has already hit a new all-time high last Friday.
That tells me that market breadth is pretty healthy.
And yesterday, even though the indexes dipped, the Advance-Decline line moved up.
In trading terms, we call that a divergence.
And where there’s divergence, there’s opportunity.
Insight of the Day
To take advantage of a divergence, you need to position yourself before the indexes catch up.
After a 9-day win streak, a bit of a pullback was inevitable.
And with Fed Chair Powell likely to throw even more cold water on the rally later today…
Don’t be surprised if we see pessimism rise again and indexes pull back further.
But as I just showed you, market breadth keeps improving – creating a bullish divergence opportunity.
The smartest in-the-know traders are already moving in on this opportunity…
Which is why later this afternoon at 3 p.m. Eastern…
I’m going LIVE to reveal my newest system designed to detect the “invisible” trades these traders making right now.
These are the traders who are almost always ahead of the market…
So you can be sure they’re moving in on this divergence opportunity.
Mirroring their trades could have handed you recent gains of up to 521%…
And thanks to this latest divergence, the window for such gains is open again.
So click here to lock in your seat for my live reveal later today if you haven’t yet…
And I’ll see you later this afternoon at 3 p.m. ET.
Customer Story of the Day
“Life changing! Literally.
I immediately realized within a week how great and low risk Ross’s strategies are.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
