Decoding Bearish Analog and the Warning Signs You Can’t Ignore

Ming Jong Tey
2 min readFeb 7, 2024

Watch the video extracted from the WLGC session before the market open on 6 Feb 2024 below to find out the following:

  • The bearish analogue structure that the S&P 500 could be unfolding
  • The 3 warning signs that you can’t ignore.
  • How to position your trading strategy in this over-extended market.
  • The immediate downside target according to the bearish analogue.
  • and a lot more…

The bullish vs. bearish setup is 404 to 154 from the screenshot of my stock screener below. Despite being a positive and healthy market environment, the deterioration in both the long-term and the short-term market breadth prompted a red flag.

The bearish condition (not the timing) is here and a confirmation from the price action (plus the volume) will give the green light for the bear.

Wyckoff method stock screener

13 “low-hanging fruits” (ALXO, SRPT, etc…) trade entries setup + 11 actionable setups (ACLX etc…) plus 16 “wait and hold” candidates have been discussed during the live session before the market open (BMO).


Like what you see so far?

Click here to join me live every Tuesday so you will get 25++ (and more) actionable stock in a video with entries trigger and stop loss (so that you can calculate the position size), special topics (trading/investing), trade reviews, and get your stock analyzed and questions answered, at a fraction of your stop loss per trade.

Click here to find out how to trade or invest to experience a new level of results from any market consistently without using complex indicators or understanding any financial statement

Visit to get more stock market insights in email for free.


Subscribe to my YouTube Channel for more free market & stock analysis.

Professional free Charting platform: Create an account→

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.



Ming Jong Tey

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