This could cripple the market 🩼

Drops Monday 🎯 I Let’s Hunt 🏹 I 🔎 I SPY (monthly)

I am not going to pretend to have any special insights for you on what is happening in the Middle East.

No one does.  

The “news” is just entertainment catering to what you want to hear. Don’t trust any of it.

Keep that in mind when you are thinking about what you want to trade this coming week.

When it comes to my personal trading, the less I listen to what CNBC, Fox, or CNN is talking about, the better off I am.

Do you know the only thing that is truth out there?

You won’t find a bit of it coming from politicians or on TV.

The only truth we have as traders is price action.

We live and die by predicting price movements, and getting ahead of them.

I have not been making a lot of trades lately.  Instead, I am being patient and waiting for good risk/reward setups to appear.

And I found a perfect one on Tuesday last week.

That is when I discussed a lot of reasons with my members why it made sense for me to start betting against the market – something I rarely do.

While I could point to dozens of individual charts out there, I want to bring your attention to what I call the “smoking gun.” 

This is a very simple chart, but it has massive implications if you understand how markets work.

The chart below is simply a daily chart of QQQ, the tech stock index.

Do you see how every dip has been bought up in the last six months and carried QQQ to a new high?

Well, things have stalled out for the last two months.  We haven’t made any real progress higher.

In fact, QQQ has started to trade consistently under the 20-day moving average.

I always say, “Nothing good happens under the 20 averages.”

That is the line in the sand when it comes to bullish trends (as you can see for the last six months), and what could possibly be the start of a bearish downtrend.

While this was a “members only” event, I want to share the recording of it below.  

In this Alpha Hunter lesson from Tuesday, I’ll show you easy ways I use to spot market reversals.

You can see I had a pretty good read this week on the QQQs going lower during the live session I had on Tuesday with Alpha Hunter members (yes, it always pains me to bet against tech stocks, but sometimes that is the right move)

I explained the exact trade I was looking to make on it and WHY … sent out this alert just after the session was over:

Added to my position just a little later when I saw a good opportunity:

(Don’t worry if you don’t understand the mechanics of these trades – that is what I am here to teach you!)

The day after I made this trade, I was up well over $5000…

I went on to lock up over $7000 in profits on this short position on Friday last week.

At this point, that is the actual booked profit on the trade. No one can take that away from me.

While most people would be thrilled with that trade by itself – I’m just getting started!

The great thing about this type of trade is that it isn’t over after a week.

If things go my way, I will be able to “harvest profits” each week and add more to it through the first week of May.

As I set up the trade for this coming week, you can see it already gained over $2000 by the close on Friday…

While I don’t know what will happen precisely this week, if QQQ continues to trade under that 20-day line and slips even more, I could make nearly $20,000 more this week, and then I still won’t be done with it!

Of course, the market does crazy things, and it could make a big move up.  If it starts to close back above that 20-day line, I will close the rest of this out near breakeven or a small loss.

The point is that I am in the driver’s seat at this point.

I didn’t let emotions get the best of me.

I read the situation and made a great call before things started to unravel.

Now, I am not predicting a huge market crash or an impending recession.

I’ll just reiterate – all I care about is price action.

I want to get on the right side of the trend when things go up… and then I want to be nimble and make sure I switch gears and find a way to profit when the trend reverses lower.

I’m not showing you this trade to brag but rather to emphasize the importance of partnering with me in Alpha Hunter.

I want you to learn how to execute these same types of trades for yourself.

Look, markets don’t go higher forever.

It is crucial to learn how to spot direction changes and then know how to capitalize on them.

You can’t have one without learning the other.

I will show you how I put them into practice week after week, no matter which way the market is moving.

If the markets continue to head lower from here, this information could be a lifesaver for your portfolio.

I want to extend a very special opportunity for you to join me in Alpha Hunter.

On that page above, you will find that I have discounted the 2-year membership plan by nearly 50% for you.

No matter what happens in the coming months, I plan to take advantage of it to the fullest—and I want you right next to me.

This is the type of environment that is going to cripple many traders who don’t make the right moves.

Make sure you are setting yourself up for success.

Learn to get on the right side of the trade.

Make the move to join Alpha Hunter right now, and don’t let another crucial opportunity get away from you.

P.S. As always, for questions about any of our services, contact our amazing sales team at 1-800-585-4488 / [email protected]. They’d love to hear from you!

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