How These Two Forces Could Send The Stock Market Spiraling Down!
@WYCKOFFPRO：
The spike of the volume (supply) and the volatility last week due to Powell testified in the congress and the collapse of the banks negated the bullish sentiment. Watch the video below to find out how these two forces could threaten to sink the S&P 500 and the key levels for short-term swing trading opportunities. @TigerStars $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ $Invesco QQQ Trust(QQQ)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$ The bullish setup vs. the bearish setup is 57 to 351 from the screenshot of my stock screener below pointed a flip in the market sentiment to bearish. The damage to the stock market breadth will take time to recover. Should the market sentiment improves, be patient to wait for the trade entry setup. The resume of the increasing supply with excessive volatility using the analogue as discussed in the video above could see more weakness ahead in S&P 500. The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours). Click to visit TradePrecise.com to get more stock market insights in email for free.
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