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 Environment

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

(Click on image to enlarge)

Wyckoff method stock screener
Wyckoff method stock screener

3 Stocks Ready To Soar

9 “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.

(Click on image to enlarge)

CAVA stock buy entry signal
CAVA

(Click on image to enlarge)

TRU stock buy entry signal
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?

Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.

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