Market breadth signals decoded: Crash or healthy pullback? [Video]
![Market breadth signals decoded: Crash or healthy pullback? [Video]](https://editorial.fxstreet.com/images/Markets/Equities/SP500/wall_street_nyse4-637299025173341169_XtraLarge.jpg)
In this video you will find out the following:
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The significance of market breadth in determining the stock market’s health
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How to use the market breadth signals to make more informed decisions
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The trade management I am using in this ongoing volatile market to lock in profits yet still not missing out on the potential strong trend.
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The potential path of the S&P 500 for a pullback/consolidation scenario and a market correction scenario.
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And a lot more
The bullish vs. bearish setup is 439 to 51 from the screenshot of my stock screener below pointing to a positive market environment. 15 “low hanging fruits” (TCMD, IAC, etc…) trade entries setup + 29 others (ARGT, JPM, etc…) were discussed during the live webinar.
The short-term market breadth is close to overbought suggesting strength with alert while the long-term market breadth has further improved from last week.
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.
