🎯 Will S&P 500 Grind Higher or Face a Dramatic Shakeout?
Discover the Telltale Signs Here!
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 premium video below the paywall.
Watch the video extracted from the WLGC session before the market open on 12 Mar 2024 below to find out the following:
How a shakeout and a market rotation scenario could unfold
Evidence of the emergence of supply in the past few weeks
The critical support level S&P 500 needs to hold to avoid the bearish trigger
and a lot more...
Market Environment
The bullish vs. bearish setup is 579 to 44 from the screenshot of my stock screener below. There is no shortage of bullish setups despite the market has been extended for months.
Market Comment
Pay attention to the key support level as discussed in the video. A violation of this support level is likely to trigger either a shakeout or a market rotation (more obvious) in the S&P 500.
8 “low-hanging fruits” (PPC, TDW, etc…) trade entries setup + 20 actionable setups (QTWO etc…) have been discussed in the video (29:19) below the paywall accessed by subscribing members.
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Below the paywall are:
The premium video (29:19) focuses on the trade entry setup at the key levels and stop loss for both short-term swing and position trading.
8 “low-hanging fruits, 20 actionable setups have been discussed in the premium video.
Let me know what you think.