[S&P 500 Update]: 1 Video You NEED to Watch

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[S&P 500 Update]: 1 Video You NEED to Watch

Dear True Market Insider Reader,


Last week, I told you that the S&P 500 Index looked like it could break above its key resistance level, which it's traded at for the past two months.

While recent bullish activity made it look like the S&P might go on to form a new high, I cautioned that the recent price action we've seen could just be a "fake out."

A fake out happens when a stock, exchange-traded fund, or index breaks above a key resistance level only to reverse lower and crash back down again.

These sharp reversals are often hard to spot... and can be devastating to unsuspecting investors. 

Since releasing my article, the S&P has changed course and started to head lower, causing many to wonder whether the trend is accelerating or reaching a point of exhaustion.

During times like this, knowing how to read trend lines becomes more important than ever.

The decision you make to either exit your positions or stay the course could save you a lot of money down the line.

I want you to feel confident learning how to spot these trends and position your portfolio accordingly. So, I recorded a quick video explaining the difference between a breakout and a fake out.

You can check it out right here.

The next several trading days will determine whether or not we see downside follow-through in the S&P 500. But in the meantime, we need to prepare for any situation.

Don't be caught by surprise.

Watch my 12-minute video now and learn how to spot a stock market fake out.  

Safe trading,


Chris Rowe
Founder, True Market Insiders

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