Stock Market Crash Déjà Vu? From Price Structure to Market Rotation Sequence

WYCKOFFPRO
2022-05-02

As the Wyckoff distribution pattern is unfolding for S&P 500 $S&P 500(.SPX)$ , the price structure and the market rotation sequence $Energy Select Sector SPDR Fund(XLE)$  are very similar to the stock market crash in 2008.

Find out the 2 bearish scenarios you can expect based on 2008 global financial crisis market crash and under what circumstances will these scenarios get violated. Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

The directional bias is clearly to the downside from the chart and from the stock screener. Refer to the snapshot below:

The bullish trade setup vs bearish trade setup is 91: 803. The trading plan is same as last week, which is to stay out from the long side and to scale in small position for short entry from the bearish watchlist.

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 $Alibaba(BABA)$ $NVIDIA Corp(NVDA)$ $Apple(AAPL)$ 

# Technical Analysis

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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  • BKT
    ·2022-05-04
    Good. Pls like thanks.
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  • tamira
    ·2022-05-04
    Thanks for sharing 👍
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  • Dazza7
    ·2022-05-04
    Probably? Waiting game now
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  • simplyZuan
    ·2022-05-03
    no direction except down
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  • ccy1122
    ·2022-05-03
    [OK] [OK] [OK] [Like] [Like] [Like] [Thinking] [Thinking] [Thinking]
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  • Maria_yy
    ·2022-05-02
    A stock market crash doesn't look likely right now.
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  • HilaryWilde
    ·2022-05-02
    Yes, your post is very enlightening to me.
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  • PandoraHaggai
    ·2022-05-02
    Thank you for sharing this video.
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  • Shawnsim
    ·2022-05-05
    What goes up will come down
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  • 爱喝水的小猫猫
    ·2022-05-03
    I thought already crashed
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  • GerryLoh
    ·2022-05-02
    good sharing thanks
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  • LuckyLee
    ·2022-05-05
    ok
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  • Magdalene89
    ·2022-05-05
    Latest
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  • Ooi
    ·2022-05-05
    Ok
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  • InvisibleP
    ·2022-05-05
    Ok
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  • Invest 1 2 3
    ·2022-05-05
    Ok
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  • AungLin
    ·2022-05-04
    Ok
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  • yiyu81
    ·2022-05-04
    [smile]
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  • rL
    ·2022-05-04
    [Strong]
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  • sky老夫子
    ·2022-05-04
    加油
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