This Demand Zone In S&P 500 Needs To Hold
Image Source: Unsplash
Watch the video extracted from the WLGC session before the market open on 2 Apr 2024 below to find out the following:
- The demand zone that the S&P 500 needs to hold to avoid a meaningful pullback
- How the current supply and demand could affect the S&P 500 performance
- The likely development for the S&P 500 in the near term.
- and a lot more...
Video Length: 00:02:39
Market Environment
The bullish vs. bearish setup is 629 to 74 from the screenshot of my stock screener below.
Although there are plenty of setups, a rotation is already unfolding where the Russell 2000 (small cap) started to outperform while commodities like copper, and crude oil show strong relative strength with better follow-through in individual stocks.

Market Comment
17 “low-hanging fruits” (SM, PGR, etc…) trade entries setup + 18 actionable setups (RNA etc…) and 3 “wait and hold” candidates were discussed during the live session before the market open (BMO).
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More By This Author:
Crude Oil Poised For Bullish Breakout From Wyckoff Accumulation Pattern
Toppish Pattern Or A Rally In The Making For S&P 500?
Will S&P 500 Grind Higher Or Face A Dramatic Shakeout?
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.