Watch the video below for a detailed price volume analysis (the Wyckoff analysis) in S&P 500, Nasdaq, Dow Jones, Russell 2000 and to anticipate the next directional bias. This video is extracted from my Weekly Live session on 12 Dec 2021.
Watch the video below
Market Breadth
Last week S&P 500 index (SPX) closed at an all-time high despite the stock market breadth continued to deteriorate, only 42% of stocks are above 200-day average, as shown above.
I've initiated some short positions in the weak stocks like $罗素2000指数ETF(IWM)$ , $Twilio Inc(TWLO)$ , $普拉格能源(PLUG)$ to test the water and tighten the stop for exisiting long positions based on the deterioration of the market breadth and analysis of the current market as shown in the video. @TigerStars $英伟达(NVDA)$ $苹果(AAPL)$
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