Super Bull is here...?

WYCKOFFPRO
2021-08-31

As mentioned in my post last week, S&P 500 hit all time high. 

Not only $SP500指數主連 2109(ESmain)$ , $NQ100指數主連 2109(NQmain)$  and the $道瓊斯指數主連 2109(YMmain)$  are ready to start the mark up phase. On top of that, even the laggard, Russell 2000 just broke above the intermediate resistance at 2250 and on its way to challenge the top of the trading range.

US 4 major indices

The 4 major US indices are in sync and showing bullish tone. Based on a point & figure price target projection, S&P 500 could accelerate up to hit 4600-4700, which coincides with the overbought of the up channel (refer to the chart below) for the very bullish case.

S&P 500 potential target

Immediate support for S&P 500 is at 4415, 4365.

I discussed an analogue to be referred to for the current S&P 500 market earlier on in my Sunday live session. and there are plenty of momentum stocks that are in focus and ready for more upside.

Enjoy the bull run and safe trading :)

Further Reading

Q&A US Stocks EP4: Price Action Analysis on PLTR,BIDU, XOM, PYPL

Technical Analysis, Fundamental Analysis or Hybrid? Results Inside

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • 老夫的少女心_
    ·2021-08-31
    炒股先看大盘，很喜欢博主的分享，很是细腻，很是喜欢，谢谢。
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    • RajinUD: 
      like n share
      2021-09-09
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    • vun3336: 
      [微笑]
      2021-09-09
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    • Damien Khoo: 
      是的
      2021-09-09
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  • IcySilver
    ·2021-08-31
    $NVIDIA Corp(NVDA)$ 看涨[Miser]
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    • Michelle23: 
      Ok
      2021-09-08
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    • WYCKOFFPRO: 
      超强动能股 [财迷]
      2021-08-31
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  • AnneSeow
    ·2021-09-09
    Identifying exit points is key, both to limit downside losses and to take profits before those opportunities disappear.
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    • ViboonReplying toAnneSeow: 
      ?
      2021-09-09
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    • AnneSeow: 
      Patience and discipline is a virtue that will benefit all traders, keeping emotion and snap judgments in check.
      2021-09-09
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    • AnneSeow: 
      ????
      2021-09-09
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  • 哎呀呀小伙子
    ·2021-08-31
    短线来说，美国四大指数同步，显示出看涨的基调，但是这种行情能持续吗,还是谨慎的好。
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    • WYCKOFFPRO: 
      是啊，必须得小心，只选择强势股。
      2021-08-31
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  • JonLucky
    ·2021-09-09
    This may also be the best time to be ready for the storm.
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    • WYCKOFFPRO: 
      yes, always on the lookout and trade with a stop. Safe trading
      2021-09-09
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    • JonLuckyReplying toWYCKOFFPRO: 
      Thanks
      2021-09-10
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  • 宝宝金水_
    ·2021-08-31
    指数都非常好，就是缺乏持续性，很多个股都是一日游。
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  • 揭人不揭短
    ·2021-08-31
    这几个指数最强的还是标普吧？你看那图形，太完美了。
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  • 小时候可帅了00
    ·2021-08-31
    趋势图画的真好，但愿你的分析也和图形一样美丽。
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  • matwonderboy
    ·2021-09-09
    But vol is average.. Can hold?
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    • WYCKOFFPRO: 
      this suggests that supply is still kept under strong hands.
      2021-09-09
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  • Mechanicss00
    ·2021-09-09
    最近的个股都很动荡 [流泪]
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  • 左撇子0617
    ·2021-09-09
    看看学习知识
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  • Interstellaa
    ·2021-09-09
    looks good
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  • hellodarz888
    ·2021-09-09
    very good
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  • BernardLL
    ·2021-09-07
    Which hk stock is seen as a super bull?? I dont know of any
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  • Tlc
    ·2021-09-09
    Fingers crossed!
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  • Zukeke
    ·2021-09-09
    Give me a comment like Please
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  • Upswing118
    ·2021-09-09
    Enough momentum to carry thru??
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  • StephanieCCH
    ·2021-09-10
    Thanks For sharing
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  • 猫咪国王
    ·2021-09-09
    也喜欢这只股
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  • BIG Dragons and Tigers
    ·2021-09-09
    what is super bull all about?
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