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There's a lot going on in the markets lately, and just this morning, we actually saw the S&P 500 bounce out of the gate.
But the index actually made a huge move – and it's one that a lot of people don't understand the technical implications of.
No one is talking about this move, but I'm telling you exactly what it means for your money in my latest video below.
Basically, it's time to get into defense mode – and with today's moneymaking stock chart of the day, that's exactly what we're doing.
Check it out now…
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.
Tags: trading strategies