With markets continuing their decline, a clear pattern is starting to develop. What was had been vicious chop is now turning into a consistent correction. We have a couple key target levels to keep an eye on that could act as support that we have to be mindful of. Blane Markham really nailed this overview in his latest Market Periscope update. He showed that there is even bigger bleed in this market as you look past the indexes at individual stocks. Take a look at what he reveals.

In spite of all of the selling, there is one sector that is actually rallying. This is not unusual to see when there are bigger corrections like we are currently in. In fact, Blane’s Profit Surge Dashboard has a feature he has unlocked that will zero in on these exact anomalies in bear trends. It analyzed all of the past bear markets and mapped out the characteristics of those moves that lead to these rebel breakouts.

He had opened up his Trade of the Day Live session to the public this week and he is going to show exactly how it works. If you’d like to be in the room when he shares what it is spotting in this current market, here is the link to get in the event.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily