Happy Sunday to all of our traders, investors, and readers from around the world. We are proud to say we have many readers from different countries and we are very excited we can all be united with a common interest and that is to make as much money as we can in the markets!
The markets saw a complete breakdown out of an 8-day sideways channel on the S&P 500. We were looking for a potential next leg up and it didn’t happen.
What did happen was weakness/bias was confirmed and any time the trend confirms, the move usually is aggressive and violent. That is exactly what we saw with a complete meltdown to end the week.
EDUCATION LESSON
Those who went in guns blazing looking for a next leg up got slaughtered but, those that took starter positions and didn’t add unless it confirmed a breakout only got a papercut!
Trading is all about managing risk!
Please read or RE-READ this segment from our prior report and take notes if you are a new trader.
Make sure to subscribe with our 20% for life special as well because the remaining content of this report will be for our Pro readers who are more exclusive traders.
Content in Report
A Momentum Stock To Watch
A Stock Of High Interest
A Potential Short To Add To The Watchlist
Lotto Pick (Under $3 Stock)
A Chart Breakdown Is In The Cards For This Stock
THE MUST-WATCH STOCK FOR THE WEEK
FUTURES
The Bottom Line