I want to show you what I am seeing in the market
What I'm seeing in the markets is so urgent I had to share it with you personally, so without further adieu let's dive in… Yesterday morning, before the opening bell, we saw futures trading up on the major indexes… At the open, the Dow Jones was up almost 100 points from Friday's close. What could have sparked a weekend rally like that? Rising optimism of the nearing trade-peace between the U.S. and China - something that may happen much sooner than generally predicted. BUT the U.S. markets did not carry their strength throughout the day.... (things are about to get exciting). The Dow Jones closed down over 200 points, the Nasdaq down 17.79 points, and the S&P 500 down 10.88 points. How could a market with such promising news close negative? The answer really is simple… U.S. Markets closed down because they needed to. Let's take a look… |
|
Looking at the SPY (S&P 500 ETF), we see the market at an overbought level. Using the adjusted RSI(10) it doesn't take long to notice that the bullish S&P needs a breather, but as the futures showed, the market wants to go higher. Now I'm really getting excited… While the U.S. Markets closed down, we saw global strength yesterday - FTSE, Hang Seng Index, Shanghai China Composite Index all closed positive. All signs are pointing towards a continued bull run and I have a secret to help you capture all of these gains and more… Why am I so confident? The Volatility Index ($VIX) closed right within its trend lines… Historically when we see a shift in market direction, volatility will trade well above and out of a downward trend, however today it did not do so - displaying the strength of the overall market... |
|
For those who aren't familiar with the $VIX, it naturally trades inversely with the markets… Remember the dump-off in the latter half of 2018? Look at the difference in the $VIX spike then versus now… Secondarily, the $NYAD Cumulative (an indicator that sums the total Advance/Decline of the NYSE) continues to make higher swings… |
|
It doesn't get any prettier than this… We're seeing the A/D pull right back into the lower trend line, but again, still closing within the trend. It's perfect for another bull run! Lastly, (what really gets me fired up most) the S&P 500 Sectors are gaining momentum. I have a specific strategy to take advantage of these sector plays with incredible accuracy and prolific gains - Learn the Strategy Here See what I'm talking about here: |
|
Here's a screenshot of the S&P sectors… as you see highlighted EIGHT of the eleven are strong… and NINE of the eleven have two to three time frames showing strength! Why was this market update absolutely crucial? As mentioned above, there's a little known strategy when it comes to not only timing sector trades but capturing HUGE gains on them… Last month alone, we scored gains of 81.5%, 39.4%, 32.4% - just this past week we captured a 31.4% move… BUT this week we are seeing all indications of an even bigger move. Here's the catch: Not everyone knows how to "cherry pick" only the sectors ready to explode - but there's a simple trick and I want to show you how. Don't make another trade until you see this... Attend my Strategy Workshop Here to Get All the Answers I hope you're as excited for this upcoming market move as I am… I can't wait to hear from you about this strategy paying out yet again… Roger Scott Senior Publisher WealthPress |
|
Unsubscribe Wealthpress Holding LLC
12276 San Jose Blvd Suite 518
Jacksonville, Florida 32223
United States |
|
Post a Comment
Post a Comment