Get Ready for a Bounce

Investors are nervous this week. [Jeff Clark's Market Minute]( Get Ready for a Bounce By Jeff Clark, editor, Market Minute Last week was tough for the stock market. The S&P 500 lost 1%. The Nasdaq Composite Index fell almost 2%. And, the Russell 2000 was slammed with a nearly 6% decline. Not surprisingly, lots of investors are nervous heading into this week. And, the aggressive folks are talking about making big bets on the short side. But, it looks to me like the market is setting up for a bounce… Recommended Link [10-Second Trading Demo Stuns Everyday Americans]( [image]( Could one little-known financial maneuver get you on the path to double or even triple-digit gains? According to one financial expert, the answer is yes. He explains everything [here]( – including a "10-second demo" of this strategy in action. [Click here for all the details.]( -- Now, I can’t tell you if the bounce is going to be a multi-week move that rallies all the indexes back to new all-time highs. Or maybe it will just be one of those “one-day-wonder” rallies that crushes the folks who got a little too aggressive with short sales. But, we are definitely setting up for a bounce. Take a look at the [McClellan Oscillators]( for the NYSE (NYMO) and the Nasdaq (NAMO)… [(Click here to expand image)]( [(Click here to expand image)]( These are momentum-based indicators that help determine overbought and oversold conditions. Readings of more than 60 indicate severely overbought conditions and often preceded large declines in the markets. Readings of less than -60 express extremely oversold conditions and usually lead to strong bounces in stock prices. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career - at zero cost to you. Just [click here]( to check it out. Both of these indicators closed in extremely oversold territory on Friday. This is only the fourth time in the past year that both the NYMO and the NAMO have been below -60 at the same time. Here’s how the S&P 500 (SPX) performed after the three previous times… [(Click here to expand image)]( The oversold conditions didn’t always mark the exact bottom of the decline. But, in all three cases (the blue arrows), the S&P 500 was sharply higher within just a few days of the oscillators dropping into extremely oversold territory. [Trading Legend Shares His Latest Breakthrough]( My guess is we’ll see something similar happen this time as well. Traders should take advantage of the situation and buy stocks into any weakness early this week, in anticipation of a solid bounce in the days ahead. Best regards and good trading, Jeff Clark P.S. This Thursday, I'm making the biggest prediction of my 40-year career... I see something coming to the markets that could wipe out your capital gains in the next few months... It's what I call a "zero-sum" market, where stocks chop back and forth for longer than you could imagine. It'll be [a nightmare for shareholders, but a paradise for traders](. To find out how you can prepare yourself, [click here to sign up for my special presentation this Thursday at 8 p.m ET](. I'll even be giving away a free recommendation for all who attend. So make sure to reserve your seat today. Reader Mailbag Will you be taking advantage of this weakness in the markets? Or, will you be waiting longer? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. In Case You Missed It… [New "Faceless" Dollar Could Launch in 2021]( A surprising, new version of the U.S. dollar is being readied for launch – and one expert says it could transform the financial system, overnight. [Click here for the surprising story.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Ultimate Guide to Taking Back Your Privacy]( [image]( [How to Earn Free Bitcoin]( [image]( [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2021 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](