Tired Bull or Ready for Another Charge? Decoding the Up Momentum Puzzle

Ming Jong Tey
2 min readNov 29, 2023

Watch the video extracted from the WLGC session before the market open on 28 Nov 2023 below to find out the following:

  • How to spot the fading of the up momentum.
  • Analogue comparison using the monthly chart for the S&P 500 long-term trend
  • Assessment of the supply level for the strong rally since November
  • The #1 thing you need to pay attention to regarding the trend reversal.
  • And a lot more…

The bullish vs. bearish setup is 342 to 168 from the screenshot of my stock screener below pointing to a healthy and positive market environment.

11 “low-hanging fruits” (PHM, VST, etc…) trade entries setup + 22 others ( GBTC etc…) plus 8 “wait and hold” candidates have been discussed during the live session before the market open (BMO).



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/