Fed Policy Shift Incoming: Here’s How It Could Rock the S&P 500

Ming Jong Tey
3 min readSep 18, 2024

Watch the video from the WLGC session before the market opens on 17 Sep 2024 to find out the following:

  • The “ideal” scenario based on the Fed’s announcement to form the expected “patterns”.
  • The 2 key factors you need to watch that will impact the S&P 500.
  • How to detect the exhaustion of the upside momentum with hidden supply.
  • And a lot more…

Market Environment

The bullish vs. bearish setup is 561 to 47 from the screenshot of my stock screener below.

Wyckoff method stock screener

3 Stocks Ready To Soar

6 “low-hanging fruits” trade entries setups & 15 actionable setups were discussed during the live session before the market open (BMO).

There is no shortage of the bullish setups. In fact, there is complacency in the market as reflected in the bullish vs. bearish setups above (ratio of more than 10:1).

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Ming Jong Tey

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