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Could This Be The Perfect Short Selling Entry?
@WYCKOFFPRO：
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.
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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