Why Low Volume in S&P 500 Could Be Signaling a Hidden Opportunity

Ming Jong Tey
3 min readAug 21, 2024

Watch the S&P 500 video extracted from the WLGC session before the market opens on 20 Aug 2024 to find out the following:

  • What does the low trading volume in the S&P 500 indicate about current market conditions?
  • What signals might indicate a reversal in the S&P 500’s uptrend?
  • The significance of the “failure bar” in the S&P 500.
  • The key level to watch out for a reversal in the S&P 500.
  • And a lot more…

Market Environment

The bullish vs. bearish setup is 452 to 36 from the screenshot of my stock screener below.

Both the long-term and short-term market breadth have improved significantly. However, traders need to pay attention to the low supply rally and the implications as discussed in the video.

Wyckoff method stock screener

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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/