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Will the Nasdaq 100's Relief Rally Hold or Is a Sharp Decline Inevitable?

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.

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  • The premium video (36:59) focuses on the trade entry setup at the key levels and stop loss for both short-term swing and position trading.

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Market Discussion

Watch the free-preview video above extracted from the WLGC session before the market opens on 23 Jul 2024 to find out the following:

  • How might the rotation of funds into small-cap stocks and the Dow Jones affect the Nasdaq 100?

  • How can we spot the exhaustion of the downward momentum and hidden demand?

  • Why could more weakness be ahead in the Nasdaq 100 and what to expect next?

  • And a lot more...

Market Environment

The bullish vs. bearish setup is 510 to 85 from the screenshot of my stock screener below.

The ongoing rotation from the Nasdaq 100 & S&P500 into the Russell 2000 as mentioned in last week’s email is further manifested in yesterday’s price action among the indices.

Despite the weakness reflected in the major indices, there is still no shortage of bullish setups (510 bullish setups vs. 85 bearish setups) thanks to the market rotation.

3 Stocks Ready To Soar

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

CLBT stock setup buy point
CLBT
TPC stock setup buy point
TPC
CVNA stock setup buy point
CVNA

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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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