Short-term breadth has turned positive, and you want to take advantage of this now.
Short-term breadth peaked on 8/30/2024 and flipped fully positive today.
Before I forget, Sign up for a free trial HERE. You will get a free trial for the duration of the positive breadth cycle.
During the bearish period, I protected my capital and my mental capital. I avoided longs and looked for opportunities with inverse ETFs like $FAZ, $FNGD, $SQQQ, $NVDQ, and $WEBS.
Here is how we took advantage of the inverse ETFs:
$NVDQ: NVIDIAS INVERSE ETF, long at $5.11 and sold some as high as +25%|.
$FNGD: The inverse ETF of the Magnificent Seven and a few others.
$FAZ inverse ETF of the financials.
Avoiding the pullback and profiting from the inverse ETFs made it easy to flip to the bullish side when there was a turn.
On the first day of the breadth flip, we started with seven small pilot buys, and immediately, we were able to take partial profits on four of them.
I don’t know how long the positive breadth cycle will last, but now is the time to take the free trial and get a feel for how we work.
