Red Flag, Stocks to Watch & Tactics

The market has been very volatile in both direction after the down move since Black Friday. I have explained in detail in the Sunday’s webinar since 5 Dec because Wyckoff phase A is still unfolding.

I have also mentioned deterioration in the market breadth, which is a red flag in the market several times. Take a look below how the market breadth behaves before a stock market crash if you haven’t:

https://finance.yahoo.com/news/market-breadth-behaves-stock-market-113842940.html

Just in case you are wondering why the stocks in your watchlist have a huge draw down yet the indices are still a few % away from all time high, you might want to check out the stocks that will make or break the indices where you those 5 accounted for 40% in the Nasdaq 100:

https://finance.yahoo.com/news/5-stocks-break-nasdaq-100-133816168.html

Watch my detailed market analysis (fresh out from yesterday live webinar) with the focus on S&P 500 where you will find out:

1. How to interpret the FOMC bullish momentum bar
2. The “honest bar” that revealed the direction
3. The key levels and the likely scenario to happen.