Dear New World Investor:

The market is overextended to the upside, yet there is so much cash on the sidelines it can’t fall far. So as I said in the Flash Alert earlier today, we are finishing another short-term consolidation that moved sideways in a tight triangle instead of dropping low enough to raise negative sentiment. This is the most powerful way a trend can consolidate, and both the short-term (150 minute) and medium-term (daily) charts are fully congested and ready to move up sharply. That move may be

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