is this bullish reversal signal the key to huge gains ahead?
3 min readJun 5, 2024
Watch the free-preview video below extracted from the WLGC session before the market opens on 4 Jun 2024 to find out the following:
- what the change of character bar with increasing supply indicates about market sentiment.
- how does the key confirmation level act as a confirmation point for market movements
- this outperforming industry group that is holding up the index
- The divergence signal prompts a red flag as the index turns higher.
- And a lot more…
Market Environment
The bullish vs. bearish setup is 345 to 143 from the screenshot of my stock screener below.
Both the long-term and short-term market breadth have been decreasing compared to last week and …
Only limited theme/industry groups show strength despite the index moving higher.
I highlighted my favourite in this email update 1 day before the live session (refer to the post below):