Last Wednesday I wrote that there were three stocks that were bellwethers for the market, and if they broke out, we would see the broader market do the same. That is exactly what happened and the result was a huge day on Friday. The risk that those stocks and the market wouldn’t break out were real, but they did and it tells us a very important fact about this current market. I dive into that in my update below here.

That big move is showing huge opportunity in one corner of the market and I outline where that is in the update above. It is a great sign and I confirm it with multiple indicators. This is definitely worth watching.

Thanks,

Joe

P.S.–I use a couple of my proprietary indicators in this update but the one that really spotlighted the breakout was my X-Ray indicator. Here is a link to get more info on it and to check it out for yourself.