Could this be the turning point? The S&P 500’s next big move explained [Video]

July 4, 2024 9:01 am

Watch the free-preview video below extracted from the WLGC session before the market opens on 3 Jul 2024 to find out the following:

  • The significance of shallow consolidations in the S&P 500 and what it indicates about market direction.

  • How to read volume trends and identify selling into strength, and their implications for future market moves.

  • Key support levels for the S&P 500 and how they serve as indicators for potential bullish or bearish market behavior.

  • The signals indicate whether the market is likely to break out or pull back in the near future.

  • And a lot more…

 

Market environment

The bullish vs. bearish setup is 364 to 236 from the screenshot of my stock screener below.

Chart

Although the short-term market breadth is still negative, there are still no shortage of the bullish setups.

The analogue comparison discussed last week is still unfolding and will likely take time and effort to stop the prior strong bullish momentum.

Three stocks ready to soar

14 “low-hanging fruits” ARM, CORZ trade entries setups + 20 actionable setups CRWD were discussed during the live session before the market open (BMO).

ARM

ARM

CORZ

CORZ

CRWD

CRWD

Feed from Fxstreet.com

MoneyMaker FX EA Trading Robot