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Stock Market Crash Déjà Vu? From Price Structure to Market Rotation Sequence
As the Wyckoff distribution pattern is unfolding for S&P 500, the price structure and the market rotation sequence are very similar to the stock market crash in 2008.
Find out the 2 bearish scenarios you can expect based on 2008 global financial crisis market crash and under what circumstances will these scenarios get violated. Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):
The directional bias is clearly to the downside from the chart and from the stock screener. Refer to the snapshot below:
The bullish trade setup vs bearish trade setup is 91: 803. The trading plan is same as last week, which is to stay out from the long side and to scale in small position for short entry from the bearish watchlist.
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