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The Change of Character Bar’s Message — Is This the Turning Point We’ve Been Waiting For?

Ming Jong Tey
2 min readOct 13, 2023

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Watch the video extracted from the WLGC session on 12 Oct 2023 below to find out the following:

  • How the change of character bar signals a reversal of the oversold condition
  • How to spot hidden demand during correction
  • The key support and target for the S&P 500
  • How does the seasonality match with the price action
  • And a lot more

The bullish vs. bearish setup is 245 to 199 from the screenshot of my stock screener below pointing to a positive market environment.

7 “low hanging fruits” (SMCI, WDC, etc…) trade entries setup + 20 others (SN, FN, etc…) plus 30 “wait and hold” candidates have been discussed during the live session.

SMCI

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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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