S&P 500: More Weakness Ahead or Is the Bottom Finally In?

Watch the video extracted from the WLGC session before the market opens on 10 Sep 2024 to find out the following:

• Could the current technical rebound lead to a sustained rally, or is it just a short-lived bounce?
• How would the recent increase in supply and volatility impact the S&P 500?
• The key area the S&P 500 needs to commit to flip to an upward bias.
• And a lot more…

Market Environment

The bullish vs. bearish setup is 398 to 211 from the screenshot of my stock screener below.

Wyckoff method stock screener

3 Stocks Ready To Soar

9 “low-hanging fruits” trade entries setups & 14 actionable setups were discussed during the live session before the market open (BMO).

As the market broke down from the bullish flag pattern last Tuesday and dropped continuously for 4 sessions, a handful of the stocks manifest relative strength.