Unveiling the Hidden Message in the S&P 500’s Price and Volume Trend

The subtle price and volume pattern shown up last week could suggest more testing and consolidation in S&P 500. Scenarios analysis with the key levels in S&P 500 were discussed regarding the reaction from the CPI economic data.

Watch the video below to find out how to use the Wyckoff method with volume spread analysis to interpret the hidden message from the price and volume analysis. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ @TigerStars 

The bullish setup vs. the bearish setup is 702 to 45 from the screenshot of my stock screener below suggested a positive market environment.

Pay attention to the key levels as discussed in the video as a violation of them could suggest more weakness ahead.

Although the market environment is positive as reflected in the stock screener above, the volatility is still high as reflected in thebreakout failurein some of the outperforming stocks. So, now is still not the time to be aggressive in trading or investing.

The video above is part of the latest Weekly Live Group Coaching Session (1.5 hours) including 20+ trade entry setup every week. Click here 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.

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  • JohnnyYoung
    ·2023-02-15
    Do you think S&P 500 is a bit oversold. I dont see its downtrend.
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  • jethro
    ·2023-02-16
    thanks for sharing
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  • WendyDelia
    ·2023-02-15
    Technically it will come to overbought soon.
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  • Hai777
    ·2023-02-16
    [微笑]
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  • kanli94
    ·2023-02-15
    [微笑]
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  • jeff123
    ·2023-02-15
    great
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  • Ruixiang
    ·2023-02-15
    I
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  • Blokespot
    ·2023-02-15
    [Smile]
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  • MAH18
    ·2023-02-15
    [Great]
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  • Cl goh
    ·2023-02-15
    Ok
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  • sakurrin
    ·2023-02-15
    great
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  • Reload
    ·2023-02-15
    [Smile]
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  • Vjy
    ·2023-02-15
    Thanka
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  • Rick13
    ·2023-02-15
    ok
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  • Jialatsia
    ·2023-02-15
    Meep
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  • kt6211
    ·2023-02-15
    [Happy]
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  • Jennifer58
    ·2023-02-15
    yea
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  • Shermz
    ·2023-02-15
    Nice reas
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  • YeeSiang
    ·2023-02-15
    [smile]
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  • TanKY
    ·2023-02-15
    a
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