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 special paid episode.
This paid episode contains:
The premium video (37:01) focuses on the trade entry setup at the key levels and stop loss for both short-term swing and position trading.
The S&P 500 market analysis (6:09) with the Wyckoff method and the end-of-the-quarter effect with an analogue from the past.
Market Discussion
Watch the free-preview video above extracted from the WLGC session before the market opens on 18 Jun 2024 to find out the following:
What does the divergence between the S&P 500's and market breadth's indicate for traders?
How significant is the oversold level in predicting a market rebound, and what thresholds should investors watch for?
The 2 scenarios you need to prepare for and my current bias based on 2 reasons.
And a lot more...
Market Environment
The bullish vs. bearish setup is 226 to 278 from the screenshot of my stock screener below.
Although the market breadth has been decreasing, the number of bullish setups is still above 200. There is no shortage of the long setups.
However, the main focus should be on the technology stocks as this is the only sector RSPT 0.00%↑ beating the S&P 500.
3 Stocks Ready To Soar
10 “low-hanging fruits” APH 0.00%↑ CAVA 0.00%↑ QCOM 0.00%↑ trade entries setups + 17 actionable setups were discussed during the live session before the market open (BMO).
The trade setup in DELL 0.00%↑ and MU 0.00%↑ discussed in the past session has been working well, which further confirms the outperformance in the technology sector (apart from NVDA 0.00%↑ alone).
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Disclaimer: The information in this presentation is solely for educational purposes and should not be taken as investment advice.
