Unlock the S&P 500's Direction Bias With Wyckoff's Effort vs Result

WYCKOFFPRO
2023-05-10

Watch the video below to find out how to use Wyckoff’s effort vs result volume spread analysis to anticipate the direction bias of S&P 500 for short-term swing trading and day trading.

Do stay till the end to find out the leading index (and the constituents stock holdings) you should focus on.

The bullish setup vs. the bearish setup is 287 to 264 from the screenshot of my stock screener below pointed a positive market environment despite a drop from last week (438 vs 160). $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$ $Invesco QQQ Trust(QQQ)$ @TigerStars

The outperformance in Nasdaq 100 is dependent on a handful of the heavy weight stocks. The market breadth is still neutral towards positive. A strong breakout momentum in the indices should improve the overall market breadth. The neutral market breadth together with the indices masking the weakness match the current macro picture, which is favorable to the big cap stocks.

The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours) on 25 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.

Comments

  • WebbBart
    2023-05-11
    WebbBart

    Don’t hate me to bearish but hate the cycle

  • BerniceCarter
    2023-05-10
    BerniceCarter

    I’d like to think more on bullish trend.

  • BerniceCarter
    2023-05-10
    BerniceCarter

    Thanks for sharing. will watch the video first.

  • JohnMitchell
    2023-05-11
    JohnMitchell

    Boom! Cramer nailed it again!

  • YJ13
    2023-05-12
    YJ13
    good
  • 亞昆
    2023-05-12
    亞昆
    ok
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