The breakdown in S&P 500 with spike of volume on 13 June 2022 followed by a weak rally up after the Fed’s FOMC pointed to the bearish scenario. The current market development is similar to the global financial crisis in 2008 in terms of both price structure and the market rotation sequence as explained in the video at the bottom of this post.
Using Wyckoff Method to Spot the Silver Lining
After a more than 10% drop in 6 trading sessions, S&P 500 is right at a vulnerable spot where a stock…
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