Could This Be The Perfect Short Selling Entry?

Could the overbought of the market breadth together with the Wyckoff upthrust price action with increasing supply form the perfect short selling entry as S&P 500 is topping out?

Watch the video below to find out how to pinpoint this potential short selling entry in S&P 500 and the immediate price targets. @TigerStars $S&P 500(.SPX)$ $SPY(SPY)$ $NASDAQ(.IXIC)$ $QQQ(QQQ)$ $DJIA(DJIA)$ 

The bullish setup vs. the bearish setup is 173 to 205 from the screenshot of my stock screener below.

The Wyckoff upthrust with increasing of supply suggested the smart money sold into strength. The key resistance area is where the supply line of the down channel together with the supply zone, which is a natural place to attract short sellers and profit taking activities.

Most importantly there was Wyckoff change of character bar showed up on 5 Dec 2022 (Monday) in many of the leading stocks, which was a red flag in the stock market.

Click to visit www.TradePrecise.com to get more stock market insights in email for free.

# US Stocks Opportunities

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.

Report

Comment22

  • Top
  • Latest
  • ChrisColeman
    ·2022-12-07
    Which one is good to short now?
    Reply
    Report
  • HarryCox
    ·2022-12-07
    If you want to short, you should have done this the other day. Now it is a bit late.
    Reply
    Report
  • BruceBryant
    ·2022-12-08
    Thanks for sharing this. Useful.
    Reply
    Report
  • Alvinkctan
    ·2022-12-08
    Noted with thanks.
    Reply
    Report
  • GoodLuck88
    ·2022-12-08
    Ok
    Reply
    Report
  • Mungerism
    ·2022-12-08
    Interesting
    Reply
    Report
  • Cndyyy
    ·2022-12-08
    K
    Reply
    Report
  • JunioR
    ·2022-12-08
    Nice
    Reply
    Report
  • Daveforceone
    ·2022-12-08
    k
    Reply
    Report
  • CArs
    ·2022-12-08
    Nkk
    Reply
    Report
  • FionBai
    ·2022-12-08
    Ok
    Reply
    Report
  • Vincentwong
    ·2022-12-08
    Ok
    Reply
    Report
  • surfer guy
    ·2022-12-08
    hope so
    Reply
    Report
  • Melawati
    ·2022-12-08
    👍
    Reply
    Report
  • stkwok
    ·2022-12-08
    Like
    Reply
    Report
  • [得意][得意]
    Reply
    Report
  • Popo123
    ·2022-12-07
    Great
    Reply
    Report
  • DURH
    ·2022-12-07
    Good
    Reply
    Report
  • nsk
    ·2022-12-07
    okay
    Reply
    Report
  • Boytoy
    ·2022-12-07
    thanks
    Reply
    Report