Bounce Back Alert: Is the S&P 500 Ready to Make a Comeback On Exhaustion of Selling Momentum
Shortening of the thrust (SOT) to the downside at the support zone was observed in S&P 500. Watch the video below to find out the first signal to watch out for a trend reversal in S&P 500 to prevent catching the falling knife with the Wyckoff method. $SPDR S&P 500 ETF Trust(SPY)$$S&P 500(.SPX)$$NASDAQ 100(NDX)$$DJIA(.DJI)$$Invesco QQQ Trust(QQQ)$ The bullish setup vs. the bearish setup is 320 to 233 from the screenshot of my stock screener below suggested still a positive market environment. While the market is pulling back and consolidating, pay attention to
Unveiling the Hidden Message in the S&P 500’s Price and Volume Trend
The subtle price and volume pattern shown up last week could suggest more testing and consolidation in S&P 500. Scenarios analysis with the key levels in S&P 500 were discussed regarding the reaction from the CPI economic data.Watch the video below to find out how to use the Wyckoff method with volume spread analysis to interpret the hidden message from the price and volume analysis. $S&P 500(.SPX)$$NASDAQ(.IXIC)$$DJIA(.DJI)$$SPDR S&P 500 ETF Trust(SPY)$$Invesc
A New Bull Run Could be Triggered Based On The Market Breadth Stat For The Past 20 Years!
Based on the market breadth assessed in the 3 conditions to be fulfilled, a new bull market could begin according to the stat in the past 20 years. Watch the video below to find out how you could confirm the bull run with the most important element as mentioned in the video and at what circumstances could the bull scenario be violated (these are important). The bullish setup vs. the bearish setup is 808 to 21 from the screenshot of my stock screener below. This is another positive sign, which is inline with the improving market breadth to support the bull case. As the market is short-term overbought, watch out for a pullback and judge the characteristics of the reaction to anticipate the next move. Meanwhile, a trailing stop for trade management is great to protect your profit if you have