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:
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Could the current technical rebound lead to a sustained rally, or is it just a short-lived bounce?
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How would the recent increase in supply and volatility impact the S&P 500?
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The key area the S&P 500 needs to commit to flip to an upward bias.
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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](https://talkmarkets.com/contributor/mingjongtey/user_content/ckimages/orig_wlgc-160-stock-screener.webp)
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](https://talkmarkets.com/contributor/mingjongtey/user_content/ckimages/orig_2024_638616452788083737.webp)
(Click on image to enlarge)
![TRU stock buy entry signal](https://talkmarkets.com/contributor/mingjongtey/user_content/ckimages/orig_2024_638616453447424447.webp)
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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