After a deeply oversold situation in S&P 500, here’s a silver lining for the looming inventory market crash based on these 4 key features. Failure state of affairs for inventory market capitulation is roofed within the video.
Click on and watch the video under on YouTube (Professional Tip: regulate the pace to 1.5–2X). Take note of the way to spot the tell-tale indicators in anticipation of a rally and at what ranges would that prone to fail.
The bullish setup vs. bearish setup is 39 vs 838 from the screenshot of my inventory screener under. The spike up of the bearish setup together with restricted bullish setup counsel excessive bearish sentiment available in the market, which could possibly be adopted as a contrarian view upon affirmation by the value motion.
It’s important to concentrate if the potential rally exhibits up and the following traits of the motion because the failure state of affairs as defined within the video could possibly be deadly.