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

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…