# Why Yesterday’s Dip = Opportunity

Canonical: https://stocksurgedaily.com/why-yesterdays-dip-opportunity/

Hey, Ross here:

Yes, the market bounce took a brief pause yesterday on the back of the slightly higher than expected inflation printout.

But I believe the market bounce thesis still holds – and today’s chart explains why.

**Chart of the Day**

![](https://lh5.googleusercontent.com/p9UV9Y2drKir3bK3z7ZbvyfJ8K5pCljpUld4HXbfJJBCsfOyJfJHfykrGPQZy69uG_GcXsDuhCIZZWmB0YIgZY9cqM6hE7dgqs1xlm8xJPYVNyaHQZVKlAL1vvgNe2OoB1Wjle2OOG6E34WO5dkO1PI)

This is the Fear & Greed Index presented in chart form.

And as you can see, despite yesterday’s dip, the index – which had been rising for the past week – stayed flat.

This is a good sign that sentiment hasn’t been overly affected by yesterday’s inflation printout.

The market is still oversold and the setup for a technical bounce remains.

On top of that, as measured by the American Association of Individual Investors, bullish sentiment has now outpaced bearish sentiment for the first time in a month.

![](https://lh3.googleusercontent.com/m26QDPXFBFC7tP6KpyTuAyBRe2z6DKxlKfH3kX834tuUhKnizFFSa1LOR-6n1RFVnLQirnVxsdlUd6Aa0A5grvUA66ULG--7AHnrzfS-oLStfp1B-OQ4ti6NkTYlbeLBxPJU7-jGIwQDoPjV8natzhM)

I believe we’re still in a good spot. And if we’re smart about it, we can use this to our advantage.

**Insight of the Day**

**Yesterday’s “mini dip” could be the ideal time to take advantage of this market bounce**.

It’s natural for the market to be a little volatile after an inflation report as investors digest its implications.

So I wouldn’t be too surprised if we see the market dip a little bit again today.

But as I mentioned earlier, I believe the case for a short-term technical bounce remains solid.

This means that yesterday’s “mini dip” is actually an opportunity – a window for us to play this market bounce while some are wavering.

That’s why I’m going live _right now_ to showcase my #1 strategy for taking advantage of this bounce…

A strategy that could have already delivered multiple double-digit – and even triple-digit gains – in mere weeks.

**[So click here to join me in the live room now…](https://clktrac.com/JoinRoss)**

And let’s go after this opportunity together – while we still can.

Embrace the surge,

![](https://stocksurgedaily.com/wp-content/uploads/2023/05/image.png)

Ross Givens  
Editor, **_Stock Surge Daily_**