Ready for S&P 500 Rally? These 2 Price Action Characteristics Could Be the Game-Changer!

WYCKOFFPRO
2023-04-13

Based on the characteristics of the pullback in S&P 500 that started last week, these tell-tale signs from the price action could mark a significant milestone for S&P 500 based on the short-term, medium term and the long term trend.

Watch the video below to find out how the bullish case could unfold and at what point will it fail and become bearish according to the Wyckoff method. @TigerStars $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ $DJIA(.DJI)$ $NASDAQ(.IXIC)$ $Invesco QQQ Trust(QQQ)$

The bullish setup vs. the bearish setup is 437 to 86 from the screenshot of my stock screener below pointed still a positive market environment with no shortage of the trade entry setup.

However the 4 stock market breadth in my daily watchlist still showed neutral towards positive suggesting not an easy money-making environment yet.

The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours) on 11 Apr 2023. Click to visit TradePrecise.com to get more stock market insights in email for free.

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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