Market Rotation Into This Juicy Group Could Put A Cap On Nasdaq

WYCKOFFPRO
2023-07-12

Watch the video extracted from the live session on 11 Jul 2023 below to find out the following:

  • The dilemma the market is facing between the seasonality and the end-of-quarter effect

  • The ongoing market rotation that will benefit this juicy group

  • How to derive the likely scenario for S&P 500 using Wyckoff's efforts vs results

  • The key levels to watch out for

  • And a lot more

The bullish vs. bearish setup is 485 to 157 from the screenshot of my stock screener below pointing to a positive market environment.

The long-term market breadth is still above 50 while the short-term market breadth pullback slightly. Overall, this still points to a healthy market environment where more than 50% of the stocks are above the 150/200 day Moving Average (MA).

Below is the full agenda for the webinar video (1:37:47) on 11 Jul 2023:

14 “low hanging fruits” ( $SPDR S&P Retail ETF(XRT)$ , $Trade Desk Inc.(TTD)$ , etc…) trade entries setup + 38 others ( $Airbnb, Inc.(ABNB)$ , $BILL HOLDINGS INC(BILL)$ , etc…) are discussed in the video (31:54) have been discussed during the live webinar.

Trade Setup from 2 weeks ago: GLBE

$Global-E Online Ltd.(GLBE)$ was first discussed on 6 Jun 2023 and the subsequent live sessions while the cup and handle pattern is forming the right handle. Our WLGC subscribing member is sitting on an impressive profit of 24.39 % in GLBE in less than 6 weeks!

Congratulations!

GLBE is building a bull flag pending a breakout now, which could be a potential opportunity for scaling in.

Like what you see so far?

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.

Comments

  • SamGarner
    2023-07-14
    SamGarner

    Great ariticle, would you like to share it?

  • hmlim
    2023-07-13
    hmlim

    Great ariticle, would you like to share it?

  • Lee8888
    2023-07-13
    Lee8888

    Great ariticle, would you like to share it?

  • Lee8888
    2023-07-13
    Lee8888

    Great ariticle, would you like to share it?

  • WebbBart
    2023-07-13
    WebbBart

    CPI will tell! Gonna be an interesting day tho

  • JohnnyYoung
    2023-07-12
    JohnnyYoung

    Will need to see what’s happening after CPI is released!!

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