Hey, Ross here:
US markets were closed yesterday for President’s Day – so welcome back.
Let’s do something a little different…
A quick succession of four charts that all point to the same picture.
Chart of the Day
The first two charts are the S&P 500 and the Nasdaq setting up a classic breakout pattern.
This pattern is my bread and butter. It is my go-to setup when looking for explosive gains in a short time.
In short, this is highly constructive price action…
Especially when you consider how market participation is broadening – with over 50% of stocks now trading above their 50-day moving averages…
A sharp rebound from the beginning of the year.
Then, let’s consider one final chart…
A chart showing that retail investor sentiment is actually at a one-year high.
47% of retail investors are now bearish – outnumbering the bulls by nearly 20%.
This is almost on par with sentiment in late October 2023.
So, what story do these four charts point to?
I explain below.
Insight of the Day
While the market is setting itself up for a breakout – retail investors are running scared.
That’s essentially what’s happening in a nutshell.
The price action is bullish…
Market participation is increasing…
And yet, retail investors are frightened.
This is a perfect opportunity – because should a breakout happen, FOMO will bring these retail investors running right back in…
Fueling the breakout even more.
You don’t want to wait for the retail hordes to come rushing back in.
You want to position yourself now – alongside the “smart money” – and take advantage of when the masses come flooding back in.
That’s why later today at 4 p.m. Eastern…
I’m going LIVE to demo a powerful yet little-known technique for finding setups that can return hundreds-of-percent gains in a matter of days.
This technique allows you to position yourself alongside the Wall Street whales…
Which is why it’s produced returns like 287%… 542%… even 806%, all within a matter of weeks – or even days.
The best part is – it’s perfect for traders with small accounts – so anyone with the know-how can take advantage of the opportunity staring us in the face right now.
If you haven’t already, click here to “lock in” your seat for my live demo (so our software doesn’t lock you out of the room)…
And I’ll see you later today at 4 p.m. ET.
Keep an eye out for the login details in your inbox – and try to login early if you can.
Customer Story of the Day
“Ross Givens is an excellent teacher, and his trading techniques work very well. I have been with him for about one and a half years and have made excellent money.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
