Big move coming for S&P 500 according to this market breadth indicator

The bullish divergence in the stock market breadth and the price volume analysis of S&P 500 using the Wyckoff method suggest a potential big move ahead.

Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X). Pay attention to the analogue comparison using the Wyckoff trading method to spot the clues and tell-tale signs for the next big move.

The bullish setup vs. the bearish setup is 106 to 641 from the screenshot of my stock screener below. The bearish setup has spiked from 80 to 641, as the market dropped from 2–4% last week. Yet, the bullish setup has increased from 24 to 106, which was a constructive sign for the bullish scenario despite the bearish market.

Another encouraging sign is the addition of 1 more industry group that outperforms the market on top of the China stocks theme and the Biotech group.Visit TradePrecise.comto get more stock market insights in email for free.

Safe trading. If you are day trading the US futures or swing trading for Malaysia and US stocks, do check out my YouTube Channel: Ming Jong Tey for additional videos and resources. @TigerStars $Alibaba(BABA)$ $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ 

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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  • easonlai
    ·2022-07-04
    美国能源部6月初的数据显示,仅在2022年4月,包括法国、西班牙、英国、荷兰和波兰5个欧洲国家,就已经佔美国液化天然气出口总量的54.1%。
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  • fishinglo
    ·2022-07-04
    Nice sharing.Thank you.
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  • 叫我發先生
    ·2022-07-05
    Heng heng, pls give me a like
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  • HarryCox
    ·2022-07-04
    Really? Lets see what will happen
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  • potatochips
    ·2022-07-05
    thank you
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  • romanc9
    ·2022-07-05
    Careful don't get caught, it will take at least 3 to 4 yrs to recover unless u r cash rich.
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  • MY21
    ·2022-07-05
    Like please Thanks!
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  • Best1
    ·2022-07-05
    Thanks for sharing
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  • RS69
    ·2022-07-04
    [Like] [Salute]
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  • WayneEvans
    ·2022-07-04
    Looking forward to the big actions
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  • SYCher
    ·2022-07-06
    Nice sharing
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  • Punk_dy
    ·2022-07-06
    Thanks for sharing!
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  • May Chow
    ·2022-07-05
    Better be more careful before investing
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  • AJ1977
    ·2022-07-06
    Gg
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  • AlvinLau
    ·2022-07-06
    good sharing
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  • 刚人
    ·2022-07-06
    [微笑]
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  • Mighty Mouse
    ·2022-07-06
    [smile]
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  • WayneCai
    ·2022-07-05
    ok
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  • Tenten
    ·2022-07-05
    Ok…
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  • IcySilver
    ·2022-07-05
    [Miser]
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