What Nasdaq Analogue Reveals About S&P 500's Next Move

WYCKOFFPRO
2023-06-14

Watch the video below to find out the potential roadmap for S&P 500 using Nasdaq 100 as an analogue and how the ongoing market rotation started on 2 June 2023 into the small and mid-cap stocks will impact the Nasdaq 100, Russell 2000, Dow Jones and S&P 500. @TigerStars $NASDAQ(.IXIC)$

The bullish vs. bearish setup is 418 to 139 from the screenshot of my stock screener below pointing to a positive market environment.

The short-term market breadth is close to overbought suggesting strength with alert while the long-term market breadth is greater than 50 thanks to the ongoing market rotation. If the market breadth can be further improved, this will be very constructive to the bull run as there are more stocks to participate in the rally.

Below is the full agenda for the webinar video (1:42:50) on 13 Jun 2023:

16 “low hanging fruits” ( $Life Time Group Holdings, Inc.(LTH)$ , $DoorDash, Inc.(DASH)$ , etc…) trade entries setup + 51 others ( $Palo Alto Networks(PANW)$ , $C3.ai, Inc.(AI)$ , etc…) are discussed in the video (44:28) during the full webinar. Click to visit TradePrecise.com to get more stock market insights in email for free.

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Comments

  • fizzzi
    2023-06-14
    fizzzi

    If the market breadth improves, it will benefit the bull run.

  • dimpy
    2023-06-14
    dimpy

    The ongoing market rotation is keeping the long-term market breadth above 50.

  • glowzi
    2023-06-14
    glowzi

    Is the market breadth showing signs of strength but we need to stay alert?

  • WayneEvans
    2023-06-14
    WayneEvans

    Will keep rally and break through 4500 soon?

  • Nagoken
    2023-06-15
    Nagoken
    Ok
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