Dear ,
The Nasdaq-100 continues to bleed lower, and right now.
Futures are testing another key support level at 11200, and if it breaks below that…
Then we could be headed much lower, as stops may be triggered and people start to dump their positions.
The S&P 500 and Russell 2000 tell a similar story. We're around key levels in major indices, and it's a major inflection point.
Amidst this choppy price action, I've sat on my hands for the most part.
You see… Patience Is A Virtue
Of course, that doesn't mean I'm just sitting back and relaxing right now.
I'm continuing to monitor for a potential reversal here, and of course, I want to remain on the hunt for potential money-making opportunities.
That said, I want to show you how to identify potential opportunities by identifying relative strength in the market. You see, there are plenty of names bucking the trend…
And I want to keep those on my radar and see whether my favorite patterns show up in them.
Click here to continue reading…
P.S. I went live yesterday to discuss my prediction for stocks based on who takes the election. You'll also hear about the two major catalysts I see on the table (excluding the election). Watch it now, I think it can help you navigate through this wacky environment.
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