S&P 500: Is The Bottom Finally In Or More Weakness Ahead?


Watch the video extracted from the WLGC session before the market opens on 10 Sep 2024 to find out the following:

  • Could the current technical rebound lead to a sustained rally, or is it just a short-lived bounce?

  • How would the recent increase in supply and volatility impact the S&P 500?

  • The key area the S&P 500 needs to commit to flip to an upward bias.

  • And a lot more…

  •  Market EnvironmentThe bullish vs. bearish setup is 398 to 211 from the screenshot of my stock screener below.

    Wyckoff method stock screener

    3 Stocks Ready To Soar9 “low-hanging fruits” trade entries setups & 14 actionable setups were discussed during the live session before the market open (BMO).As the market broke down from the bullish flag pattern last Tuesday and dropped continuously for 4 sessions, a handful of the stocks manifest relative strength.These are the stocks I am paying attention to and looking for triggers from the setups, such as CAVA, DHI, TRU.

    CAVA

    TRU

     More By This Author:The Bear Case: Bull Flag Failure!
    Is The S&P 500 On The Verge Of A Breakout?
    Why Low Volume In S&P 500 Could Be Signaling A Hidden Opportunity?

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