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