Is the market heading towards a major reversal?

Plus, why stubbornness is a trader's worst enemy...

11/29/2022 Is the market heading towards a major reversal? Hey,   If you didn't notice … yesterday was an extremely critical day for the markets.    After more than a month of melting up, the major indexes hit a major rejection yesterday.   The S&P 500 ETF Trust (NYSEARCA: SPY) was down as much as 1.5% as the chart butted up against its 200-day moving average — coinciding with the all-important $400 level — and failed.    Additionally, protests in China over the weekend — at Apple Inc.'s (NASDAQ: AAPL) Foxconn plant — put pressure on the entire world economy heading into this week.   It looks like the bears are finally starting to come out of hibernation.   And as the market trend shifts, your trading strategies need to change as well.   After all, the markets are cyclical. Trends come and go.    If you get married to a pattern or a position — like a certain character in a story I told yesterday — you're dooming yourself to failure.   You may be wondering … why am I bringing this up now?   Because the market could be gearing up for a major trend reversal to the downside.    And if you aren't ready for it, you'll get smoked.    But if you're prepared when opportunity strikes, you could potentially make a fortune.    Click below and I'll show you how… >>Click Here To See How I'm Preparing For A Potential Reversal<< Keep evolving,   Mark Croock  Editor, Evolved Trader Daily P.S. If you're looking for a trading pattern that works consistently, even if you don't have a lot of money to start with, listen up! Tim Sykes' Supernova Cheat Sheet could potentially earn you 'quit your job'-type income EVERY MONTH. Click here to sign up now. sponsored How This 24-Year-Old Went From Broke to $1.4 Million… 24-year old Matt was like most college students. Studying in college, broke, and worried about landing a 9-to-5 job… until he discovered this 3-Step System!   After only two years Matt collected over 1.4 MILLION dollars from trading…   And it's all because of something called "Oracle."    Click here now to find out how you can start following Oracle's 3-Step System today. sponsored One Recurring Pattern for the Trade-From-Home Revolution Tim Sykes is a self-made multi-millionaire…   How did he get here?   He learned to trade a recurring penny stock pattern over and over again…   What could you do with a secret weapon like that?   Click here to find out  66 West Flagler Street STE 900 Miami, Florida 33130 United States     Click Here To Unsubscribe   All content in this newsletter  is intended for educational and informational purposes only.   The material in this newsletter is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person.  No representation is being made that following Evolved Trader Daily strategies will guarantee a particular outcome or result in profits.  The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by Evolved Trader Daily to adjust for those fluctuations may change without notice.    There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets.  Past performance of any trading system or methodology is not indicative of future results.  You should always conduct your own analysis before making investments.   You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment.  Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.