Nasdaq 100 Vs. S&P 500 Showdown: Where Should Your Money Be?

Watch the video extracted from the WLGC session on 17 Oct 2023 below to find out the following:

  • Which one to bet on between the Nasdaq 100 and S&P 500?

  • The immediate direction, key support and resistance of the S&P 500

  • The complete trading plan for Nasdaq 100 as it is building the right handle

  • How could a bearish scenario develop as the war is happening

  • And a lot more

The bullish vs. bearish setup is 206 to 302 from the screenshot of my stock screener below pointing to a negative market environment.

wyckoff method stock screener

Both the short-term and long-term market breadth are still inferior as the market is still pulling back or at best consolidating. However, Nasdaq 100 presents a swing trading opportunity (refer to the setup as discussed in the video) as it is building its right handle.

7 “low hanging fruits” (AEO, YELP, etc…) trade entries setup + 20 others (WWD, ANET, etc…) plus 38 “wait and hold” candidates have been discussed during the live session.

AEO trade entry setup
AEO
YELP Trade entry setup
YELP
WWD trade entry setup
WWD
ANET trade entry setup
ANET

More By This Author:

The Change Of Character Bar's Message - Is This The Turning Point We've Been Waiting For?
October's Sneaky Dance: Unmasking The Game-Changer In Price Action And Seasonality
Is The Stock Market On The Brink Of A Meltdown? Here's What You Need To Know

 

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

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