S&P 500's Wild Card Month: Brace Yourself for the Unexpected
Watch the video extracted from the live session on 29 Aug 2023 below to find out the following:
How to derive the tell-tale signs from last week's price action
What to look for after a stopping action
What to expect during the most volatile month (September)
The short-term trend development in the S&P 500
And a lot more
The bullish vs. bearish setup is 229 to 120 from the screenshot of my stock screener below pointing back to a positive market environment. $S&P 500(.SPX)$ @TigerStars
14 “low hanging fruits” ( $Celestica(CLS)$ , $Celsius Holdings, Inc.(CELH)$ , etc…) trade entries setup + 23 others ( $SPROTT JUNIOR URANIUM MINERS ETF(URNJ)$ , $SoFi Technologies Inc.(SOFI)$ , etc…) plus 8 “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.
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Either the economy gets a lot weaker and quickly or the Fed will have to continue to hike with oil hitting $86. The price of gas will be inflationary year over for the first time in September of 22.
obviously momentum is bullish. I suspect dip buying will still be in play and I don't really foresee this catastrophically failing, but it is possible. At the very least, my view is that SPY will attempt to gap fill on the daily up to that 454/456 area.
in general, there is a favouring pf some pullback across the board on ES1!, SPX and SPY when we look at the momentum and rate of change probabilities.
The economy is the worst it has been in the history of mankind and is ten times worse than it was three and a half year ago. Anyone have anything to say?
The S&P 500 has now risen in seven out of the last eight summers