Low volume flag breakout, what’s next for SP 500? [Video]

view original post

Watch the free-preview video below extracted from the WLGC session before the market opens on 9 Jul 2024 to find out the following:

  • Short-term and long-term support and resistance levels to watch in the S&P 500.

  • How to interpret the low volume during a flag breakout.

  • The potential target price for the S&P 500

  • How to identify selling into strength in the uptrend.

  • And a lot more…

[embedded content]


Market environment

The bullish vs. bearish setup is 376 to 195 from the screenshot of my stock screener below.

The market environment has been improving slightly.

However, the short-term market breadth is still consolidating and only a handful of the setups showing strong momentum.

Three stocks ready to soar

10 “low-hanging fruits” trade entries setups VST, TJX + 25 actionable setups CRUS were discussed during the live session before the market open (BMO).