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How A Potential Market Top was Negated and What’s Next for The S&P 500

Ming Jong Tey
2 min readNov 1, 2021

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Find out how S&P 500 futures negated a potential market top and where the market will be going based on a Point and Figure price target projection. This video is extracted from my Weekly Live session on 31 Oct 2021.

Key Points

  • The thesis behind the potential market top and at what point the thesis was negated.
  • How the supply affects S&P 500 direction.
  • The myth behind the up swing accompanied by low volume.
  • The price target of S&P 500 based on Point & Figure chart.

Watch the video below

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Ming Jong Tey
Ming Jong Tey

Written by 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/

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