Market Rotation Into This Juicy Group Could Put A Cap On Nasdaq
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?
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Great ariticle, would you like to share it?
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CPI will tell! Gonna be an interesting day tho
Will need to see what’s happening after CPI is released!!