Bearish Signal in S&P 500: Wyckoff Upthrust and This Bearish Volume Pattern Plus Key Support Levels

Ming Jong Tey
2 min readApr 18, 2022

Find out how to spot Wyckoff upthrust and the bearish volume pattern in S&P 500. Key support & resistance levels or Dow Jones, Nasdaq 100 and Russell 2000 are illustrated in the video.

Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

Lots of great bullish setup in the commodity sector especially oil and gas industry group. The plan is to focus on the outperforming sectors and trade the leading stocks showing up with great entry to get decent reward to risk ratio. Refer to the screenshot of bullish and bearish stocks from the stock screener.

stock screener


Get your Weekly Market Insights for Free in Email:

Click here to grab this Exclusive Deal on APPSUMO with Bonus of 3 Months Live Sessions

Professional free Charting platform: Create an account→

Non-US Residents? (Malaysia, Singapore, Australia, New Zealand, Europe, etc…): Click here to get FREE Share (Worth USD100++ & Welcome Gift ON TIGER Brokers when you deposit SGD 2000 with Tiger Brokers Referral Code: MJFRIEND

US Residents? Click here for a chance to get a FREE Share of AMZN (Worth USD 3000++) & Welcome Gift ON TradeUP when you deposit USD 1500 with TradeUp broker referral code: MJFRIEND

Access unlimited articles from Medium — Join below:

Further Reading

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 purpose and should not be taken as investment advice.

Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox:

Recommended from Medium


See more recommendations