The markets have absolutely struggled to keep a bit a momentum going. The S&P broke 4000 but it sure wasn’t graceful. It has been inching up and down for a few weeks and managed to climb up to the record. What this tells us is that the market is in a transition phase and momentum is getting ready to shift.
But that isn’t all it is telling us. A vast majority of trades are done by super computer running algorithms that trigger massive trades on specific patterns. This type of churn is their worst enemy… and it can be your best friend. This stop and start movement really throws a wrench in the gears of the algos. They are built on patterns that act when certain thresholds are met and they are built by humans. The algos just act superfast and in massive quantities.
When you understand what those patterns are, you can be ahead of them and buy the mistakes they are making and sell them right back to they at a profit. Joe Duffy actually built some of the input those big systems used and then left to make a living trading their weaknesses. And in this market those weaknesses are happening at a pretty frequent clip. He sent out a link to his KeyPoint Markets Daily today where he lays out those lucrative patterns. Even better he offered it for just $1. If you missed it, you can still grab yours here
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