fxs_header_sponsor_anchor

Analysis

Wyckoff spring pattern suggests a temporary market bottom in S&P 500 [Video]

Is this a low or the low in the stock market? What can we expect from the Wyckoff spring in S&P 500 while the war between Russia and Ukraine is on-going?

Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

 

There are more buy signals (295) than sell signals (79) as shown up in my stock screener despite the bearish market sentiment. Refer to the screenshot below:

Risk management is extremely important to survive in this volatile market.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.