Photo by Maxim Hopman on Unsplash
 

The increasing volatility and volume in S&P 500 could cause further weakness to test the immediate support zone. Watch the video below to find out how to use the Wyckoff method to anticipate the price action and the potential price target before it happens in S&P 500.

Video Length: 00:07:53

The bullish setup vs. the bearish setup is 342 to 145 from the screenshot of my stock screener below suggesting still a positive market environment.

However, the frequent failure of the breakout trade setups last week should remind us of the increasing market volatility. It is time to be defensive with a smaller size based on conservative risk management and lock in the profit for existing positions.

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