Playback speed
×
Share post
Share post at current time
0:00
/
0:00
Preview

Is The S&P 500 on the Verge of a Breakout?

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 (35:29) focuses on the trade entry setup at the key levels and stop loss for both short-term swing and position trading.

Subscribe Now to Watch The Paid Episode

Market Discussion

Watch the free-preview video above extracted from the WLGC session before the market opens on 27 Aug 2024 to find out the following:

  • How do we interpret low trading volume in the S&P 500 and its implications for future price movements?

  • How to interpret the market reaction from the Jackson Hole symposium and Fed minutes and what to expect next

  • The importance of monitoring supply spikes and what the absence of such spikes indicates about the market’s strength.

  • The key level to watch out for a pullback in the S&P 500.

  • And a lot more...

Market Environment

The bullish vs. bearish setup is 823 to 44 from the screenshot of my stock screener below.

The short-term market breadth was hitting the overbought level at 80 suggesting the resuming of the upside momentum. This is confirmed by the follow-through of many setups as discussed last week.

The bear was given opportunities to attack the market last Thursday and Friday but the supply level was mediocre as discussed in the video.

Wyckoff method stock screener

3 Stocks Ready To Soar

3 “low-hanging fruits” trade entries setups INSG 0.00%↑, VTR 0.00%↑ + 22 actionable setups such as GEV 0.00%↑ were discussed during the live session before the market open (BMO).

INSG stock buy point signal
INSG
ZETA stock buy point signal
ZETA
ONON stock buy point signal
ONON

Want more trade setups with a trading plan in video?

Click here to join me live every Tuesday so you will get 25++ (and more) actionable stock in a video with entries trigger and stop loss (so that you can calculate the position size), special topics (trading/investing), trade reviews, and get your stock analyzed and questions answered, at a fraction of your stop loss per trade.

Click here to achieve consistent success in any market without complex indicators or confusing financial statements.

Subscribe to my YouTube Channel for more free market & stock analysis

Professional free Charting platform: Create an account→ www.TradingView.com

***********************************************************************************************************

Disclosure: If you click the links in this article and make a purchase or open & deposit the required amount into the recommended broker accounts, we earn a commission at no extra cost to you.

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

This post is for paid subscribers