Whether it’s via the free emails or our public domain www.ragingbull.com, ANYONE that follows us here at RagingBull is able to benefit from the insights of our industry-leading gurus.

Although our gurus all represent their own franchises, we are a team that shares ideas that come from decades of expertise spanning nearly every corner of the market.

Through my collaboration with Jake McCarthy and his Coin Command team, I was able to bring my Bullseye Pick of the Week, Marathon Digital Holdings Inc. (MARA), to subscribers on Monday, just before the value of the company’s call options began to rise significantly.

That collaboration was pivotal in me finding the right industry to play this week, but I then took it a step further and identified a telltale leading indicator that I used as confirmation for my idea to alert members to the following trade idea.

Those calls traded as high as $8.4 this week, according to the thinkorswim platform, and currently sit at around $6.60, as of this Friday writing. 

Let’s discuss this leading indicator and what I think traders NEED to get ready for over the week ahead.

After a rocky few weeks, it looks like we’re back on track in cryptocurrencies.

Many of Jake’s favorite crypto projects are looking to rebound in a big way over the next few weeks. 

This week’s watchlist is already off to an absurd start. 

As discussed last week in our Masters Club, the partnership with GameStop to build out a Marketplace of their own using $IMX is massive.

Some of the market’s biggest movers were among the top moving projects in the sector and they were all highlighted in the last complimentary watch list. 

Now, if you want to take a deeper dive into the digital asset world and see why these may still be strong companies to consider in the coming weeks, visit.  

Now, when it comes to what I’ve been looking at in the market, let me tell you that it’s never easy to pick the right bottoms to buy.

But sometimes the price support is so strong you just have to try.

That was the case with my Bullseye Pick of the Week, (MARA), this past Monday.

Not only was the support strong, but there was a telltale leading indicator that I used as confirmation for my idea to alert members to buying MARA calls.

Here’s what I mean.

On the following chart, you’ll notice that the recent lows in MARA’s stock have developed as the share price was testing prior support from May 2021 through July 2021 lows. 

Not only that, but the Anchored VWAP (Volume Weighted Average Price) from the all-time lows was also present in that area.

Folks, that’s a powerful combination of support levels that, on their own, demand the attention of prospective buyers.

But what really did it for me was the leading signal being given by the spot cryptocurrency market.

Specifically, the positive divergence in Bitcoin that preceded MARA’s rally (see chart below).

You see, across many markets, it’s very common for the underlying asset (think gold leading gold stocks) or interest rates (think bond yields and leading banks) to lead the stocks within the industry.

And this second chart shows exactly what I saw happening with the cryptocurrency market before I made my decision to bring it to the attention of my members. 

Conclusion

Successful traders are always on the lookout for the next market to move. In order to find those ideas, there really is no substitute for old fashion conversation and collaboration. Heck, the biggest traders on Wall Street have been doing this for years, over a few pints in some of those dark, dank bars that sit in the shadows of the New York Stock Exchange.

In a week where I simply did not have a good feel for where markets would be headed,  I was able to identify the right direction in which to lead members through the simple act of conversation with our team of gurus.

I truly do not know where else you’re going to find such insight from such a diverse team of industry experts, among our competition. 

To YOUR Success!