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S&P 500 pullback update: Are we nearing the light at the end of the tunnel? [Video]

  • The demand and the support zone for short-term movement.

  • At what point can we consider a reversal of the upswing.

  • Why and how a bullish case is likely to unfold.

  • What did the spike in the volume on Monday mean?

  • And a lot more.

 

The bullish vs. bearish setup is 431 to 177 from the screenshot of my stock screener below pointing to a positive market environment.

8 “low hanging fruits” (WEX, PBR, etc…) trade entries setup + 19 others (GOOGL, CORT, etc…) plus 15 “wait and hold” candidates have been discussed during the live session.

Supply absorption in crude oil last week as discussed yesterday followed by a breakout is constructive for oil and gas stocks. However, many of them have been extended since covered 2-3 weeks ago, which are now on the’ Wait and Hold” list.

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