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Market Rotation Into This Juicy Group Could Put A Cap On Nasdaq

Ming Jong Tey
3 min readJul 12, 2023

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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:

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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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