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Market Rotation Into This Juicy Group Could Put A Cap On Nasdaq
Watch the video extracted from the live session on 11 Jul 2023 below to find out the following:
- The dilemma the market is facing between the seasonality and the end-of-quarter effect
- The ongoing market rotation that will benefit this juicy group
- How to derive the likely scenario for S&P 500 using Wyckoff’s efforts vs results
- The key levels to watch out for
- And a lot more
The bullish vs. bearish setup is 485 to 157 from the screenshot of my stock screener below pointing to a positive market environment.
The long-term market breadth is still above 50 while the short-term market breadth pullback slightly. Overall, this still points to a healthy market environment where more than 50% of the stocks are above the 150/200 day Moving Average (MA).
Below is the full agenda for the webinar video (1:37:47) on 11 Jul 2023: