The S&P has been constantly pushing higher and had some preaching caution. While an overbought market is a concern and risks a sell off, there is an indicator that gives you a solid and objective sign of when high is too high and when it is time to look to sell. Blane Markham walked us through how he spots an overbought environment and showed how to tell strong upward momentum from a frothy top. Check out our Eye Opener market chat where he walked us through that and then showed an amazing trading tool that is finding red hot trades:

You can’t beat how clear that PATI signal was. The session Blane and Chuck did showing the PATI trading tool at work was packed and maxed out. I was able to get my hands on the replay of the video and it is on this page.

Definitely check this out as it is spotting big return setups in this flat market.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily