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🎯 Is This A Healthy Pullback or the Prelude to a Market Crash? This Analogue Reveals Clues
Watch the video extracted from the WLGC session on 24 Oct 2023 below to find out the following:
- How to use an analogue comparison to judge the current market trend?
- The existing red flag that traders and investors need to be very cautious
- The bearish case that the bull must watch out for
- The key level the S&P 500 needs to commit to kick-start a relief rally
- And a lot more
The bullish vs. bearish setup is 39 to 567 from the screenshot of my stock screener below pointing to a negative market environment.
Despite the long-term market breadth signals a red flag while the short-term market breadth approaches the deeply oversold level, it is critical to monitor the S&P 500 as discussed in the video to get the confirmation.
4 “low hanging fruits” (TRMD, CXW, etc…) trade entries setup + 7 others (TSLA, EDU, etc…) plus 25 “wait and hold” candidates have been…