Hey, Ross here:
With inflation coming in below expectations, the market is making a BIG move up…
And as the Chart of the Day shows, it has fantastic implications for us.
Chart of the Day
Yesterday’s big upward move in the S&P 500 catapulted the index over the downward trendline of progressively lower highs – the frustrating pattern over the past few months.
This shows just how much “stored energy” there was in the market…
Just waiting for the right catalyst – aka falling inflation – to send it to the next leg up.
We’re in a good spot – I’m excited for what’s next.
Insight of the Day
As they race past certain milestones, rallies only become faster
I predicted the market would bottom on October 27 – the exact day of the recent low – and the current rally.
Few made the same call, because market sentiment was actually maximally bearish when the rally began.
That’s how rallies always start…
But as they race past certain market milestones – like the one I highlighted in today’s chart…
Sentiment begins to rapidly flip bullish, further adding momentum to the rally.
That’s exactly what’s happening now…
And it’s creating the perfect conditions for my FIRE Pattern strategy…
The strategy which has delivered the biggest and fastest gains during the previous rallies this year.
I believe now is the perfect time for this strategy to shine once more…
So just click here to watch my presentation on this strategy – including how you can start using it for yourself right now.
But don’t wait too long…
Because it’s still not guaranteed that this rally will lead to the new bull market…
So if you delay, you could miss out on all the profits to be had.
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
