Watch the video extracted from the live session on 25 Jul 2023 below to find out the following:
How to use Wyckoff's efforts vs results to predict the next move.
The groups that could benefit from the potential market rotation from Nasdaq 100
Identify the key levels using the axis line concept
How to judge the "supply level" to determine if the pullback is healthy
And a lot more
The bullish vs. bearish setup is 482 to 42 from the screenshot of my stock screener below pointing to a positive market environment. @TigerStars
Both the long-term and the short-term market breadth are pointing to a sustainable rally (e.g. buy on dip is back).
12 “low hanging fruits” ( $YPF SA(YPF)$ , $Petiq Inc.(PETQ)$ , etc…) trade entries setup + 20 others ( $Fortinet(FTNT)$ , $Teradyne(TER)$ , etc…) plus 17 “wait and hold” candidates have been discussed during the live session. Click to visit TradePrecise.com to find out the top 3 unknown stocks ready to soar for free via email.
11% in 2 Months
Here is a recent win from a WLGC member in one of her portfolios.
Apart from swing trading the trade setups as discussed during the live session, she is also building a simple retirement portfolio by position trading (i.e. active investing with a technical approach) in S&P 500.
So, position trade for the long term makes a lot of sense as she can take advantage of the compounding effect while avoiding averaging down or catching the falling knife during the bear market.
In less than 2 months, the return of VOO is 11.24%. This is the simplest form of trading or investing, just by following the weekly analysis of the market.
Note: $Vanguard S&P 500 ETF(VOO)$ is S&P 500 ETF by Vanguard. In case you are wondering, This ETF has a lower expense ratio compared to SPY, which is great for keeping for the long term.
Comments
got a lot of insights, thks for your great article. Let’s win big in the market!!💰💰💰