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Healthy Market Pullback? The Critical Levels that Will Make Or Break!
After the strong impulsive up swing, a pullback is anticipated as hinted by the rejection off the supply zone in S&P 500.
Watch the video below to find out the key levels to watch out for a healthy pullback in S&P 500 using the Wyckoff method and when you should raise a red flag as a early warning.
The bullish setup vs. the bearish setup is 277 to 174 from the screenshot of my stock screener below suggested still a positive market environment. However should the market experience a pullback, it is essential to pay attention to the failure of the entry setup.
Pay attention to the critical levels that S&P 500 needs to hold as discussed in the video above before raising the red flag as an early warning.
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