If You See This – Buy

Dear Profit Takeover reader,

This morning during the live Profit Takeover show, we talked about an indicator that may mean it’s time to BUY…

If you missed me live, watch today’s replay here:

It’s something that rarely happens, but when it does, it’s an indicator that

Momentum is bad…

The market is soft…

And there’s a lot of selling.

This indicator is called the death cross.

What’s a death cross?

A death cross occurs when the 50-day moving average crosses below the 200-day moving average…

Ryan remembered:

And I got another great question:

The answer is the simple moving averages.

So I showed some examples of some death crosses in SPY:

The red line above, as you can see, is the 50-day moving average and here, it crossed the gray line – the 200-day moving average.

Like I said, it doesn’t happen often, but when it does, it could be a signal to buy…

Or it could mean that the market is going to drop a bit lower.

It’s not surprising to me to see a death cross heading into Fed day…

I am hosting a special trade-the-Fed EXTENDED trading day during the Profit Revolution show this Wednesday…

I am planning to trade SPX and XSP on Fed day to make 5x profits during the Profit Revolution show this Wednesday…

You don’t want to miss it…

We had the opportunity to make 699% last Friday on this SPX play:

Now these SPX and XSP trades are butterfly trades…

And if you’d like to be ready to trade with me Wednesday or practice in a paper account, check out this replay show all about butterflies.

If you want to join us in these trades during the Profit Revolution live shows, CLICK RIGHT HERE.

Or if you’d like to learn more – click here.

Until next time,

Mark Sebastian
Founder, Profit Takeover

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