Bearish Signal in S&P 500: Wyckoff Upthrust and This Bearish Volume Pattern Plus Key Support Levels
Find out how to spot Wyckoff upthrust and the bearish volume pattern in S&P 500 $S&P 500(.SPX)$ . Key support & resistance levels or Dow Jones $DJIA(.DJI)$ , Nasdaq 100 $NASDAQ(.IXIC)$ and Russell 2000 are illustrated in the video.
Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):
Lots of great bullish setup in the commodity sector especially oil and gas industry group. The plan is to focus on the outperforming sectors and trade the leading stocks showing up with great entry to get decent reward to risk ratio. Refer to the screenshot of bullish and bearish stocks from the stock screener.
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 $Consol(CNX)$ $Targa Resources(TRGP)$
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.
- WYCKOFFPRO·2022-04-22ES $S&P 500(.SPX)$ - yesterday was a change of character bar (plus upthrust). Likely the start of a bearish swing when it breaks below immediate swing low support 4360-4380.LikeReport
- WYCKOFFPRO·2022-04-19agricultural chemical $Mosaic(MOS)$ , miners $Newmont Mining(NEM)$ , milling $Bunge(BG)$ , coal $CONSOL Energy Inc.(CEIX)$ , oil and gas $Murphy(MUR)$ are some of the outperforming groups.LikeReport
- HilaryWilde·2022-04-18The macro economy will make the broader market struggle in the future, and this is something we should all pay attention to.1Report
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- Maria_yy·2022-04-18I agree with the views in the video.LikeReport
- DonnaMay·2022-04-18Bro your videos are very helpful to me.LikeReport
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- 皮皮最现实·2022-04-19好吗LikeReport
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- Ali48·2022-04-20👍1Report