A new bull run could be triggered based on the market breadth stat for the past twenty years [Video]

Ming Jong Tey Independent Analyst

Based on the market breadth assessed in the 3 conditions to be fulfilled, a new bull market could begin according to the stat in the past 20 years.

Watch the video below to find out how you could confirm the bull run with the most important element as mentioned in the video and at what circumstances could the bull scenario be violated (these are important).

The bullish setup vs. the bearish setup is 808 to 21 from the screenshot of my stock screener below. This is another positive sign, which is inline with the improving market breadth to support the bull case.

As the market is short-term overbought, watch out for a pullback and judge the characteristics of the reaction to anticipate the next move. Meanwhile, a trailing stop for trade management is great to protect your profit if you have been trading those outperforming stocks covered in the Weekly Live Group Coaching session for the past few weeks.

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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