The weakening in the market has crossed a key line that signals a potential sign of a bigger correction. All of the signs are lining up so the next question is what to do about it as you set up your trades. Blane Markham sent in his weekly update Market Periscope that lays it all out and some actionable advice to add into your planning, Take a look at his quick update here.

A key element Blane covered is that the breadth of tickers declining is rapidly broadening. While that may seem unsettling, the bigger trend is favorable for put buying and short strategies. But with the right criteria, some of the best moves are the contrarian tickers moving up while most are dropping. If it can fight that broader trend it has to have some strength. Blane covered his pick in the update so be sure to check it out.

He offers additional weekly trade opportunities in his Weekly Profit Opportunity letter that makes it easy to grab wins, even when your trading time during the week is limited. You can grab it for a buck right here.

Keep an eye on your inbox for the next alert as this market is moving quick,

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily