Weakness looming in the S&P 500: Start of a bigger market drop? [Video]

Ming Jong Tey Independent Analyst

Watch the video from the WLGC session to find out the following:

How the recent breakdown and price action signal potential weakness in the market.
How to spot the fading of the bearish momentum.
The bull and bear cases based on the current market structure, price and volume

Market environment

The bullish vs. bearish setup is 206 to 385 from the screenshot of my stock screener below.

Three stocks ready to soar

18 actionable setups such as BJ, ETR, KGC were discussed during the live session before the market open (BMO).

BJs Wholesale Club Holdings (BJ)

Entergy Corporation (ETR)

Kinross Gold Corporation (KGC)

Author

Ming Jong Tey

Independent Analyst

Ming Jong Tey has been trading since 2008. He started his learning journey from technical analysis (indicators, Fibonacci, etc...) to value investing. Throughout his journey, he develops an interest in price action with chart pattern trading.

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