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How The Hidden Signs of Selling into Strength Could Shake the S&P 500

Welcome back :) This free newsletter contains a detailed market analysis video and 3 actionable stock trading ideas. Upgrade to get 25++ stock setups with a trading plan discussed in the paid episode.

This paid episode contains:

  • The premium video (42:03) focuses on the trade entry setup at the key levels and stop loss for both short-term swing and position trading.

  • Bonus video (30:00): Detailed analysis on Nasdaq 100, Russell 2000, Dow Jones, crude oil, Gold, Silver, Bitcoin, Copper, Dollar Index.

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Market Discussion

Watch the free-preview video above extracted from the WLGC session before the market opens on 17 Jul 2024 to find out the following:

  • The simplest way to spot a market rotation.

  • The analogues to adopt to anticipate the market correction

  • Why the change of character bar on last Thursday signals a shift in the market?

  • And a lot more...

Market Environment

The bullish vs. bearish setup is 661 to 25 from the screenshot of my stock screener below.

Wyckoff method stock screener
Wyckoff method stock screener

There is a clear rotation from Nasdaq 100 and the S&P 500 into the Russell 2000 (& the Dow Jones) since 11 Jul 2024 (Thursday).

This is further confirmed by the significant improvement in both the number of the bullish setups and market breadth.

A pullback or consolidation could provide a great opportunity for re-accumulation. Now again is the best time to identify the next batch of leaders (like KRE 0.00%↑).

3 Stocks Ready To Soar

5 “low-hanging fruits” trade entries setups KD 0.00%↑ TME 0.00%↑ + 19 actionable setups JPM 0.00%↑ were discussed during the live session before the market open (BMO).

KD stock buy point signal
KD
TME stock buy point signal
TME
JPM stock buy point signal
JPM

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

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