How Russell 2000’s Rise Signals Opportunities Beyond S&P 500?

Ming Jong Tey
2 min readJan 31, 2024

Watch the video extracted from the WLGC session before the market open on 30 Jan 2024 below to find out the following:

  • The one key you need to know to compare the relative strength (or outperformance)
  • The real difference in the market structure between the S&P 500 and Russell 2000.
  • The potential implications of a market rotation on the S&P 500
  • The bullish (and bearish) scenarios for the S&P 500.
  • and a lot more…

The bullish vs. bearish setup is 693 to 58 from the screenshot of my stock screener below. This is a positive and healthy market environment with plenty of complacency and greed (which we should be aware of).

Wyckoff method stock screener

10 “low-hanging fruits” (GTLB, DKNG, etc…) trade entries setup + 15 actionable setups (ANET etc…) plus 14 “wait and hold” candidates have been discussed during the live session before the market open (BMO).

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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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