The change of character bar’s message – Is this the turning point we’ve been waiting for? [Video]

Ming Jong Tey Independent Analyst

Watch the video extracted from the WLGC session on 12 Oct 2023 below to find out the following:

How the change of character bar signals a reversal of the oversold condition.
How to spot hidden demand during correction.
The key support and target for the S&P 500.
How does the seasonality match with the price action.
And a lot more.

The bullish vs. bearish setup is 245 to 199 from the screenshot of my stock screener below pointing to a positive market environment.

7 “low hanging fruits” (SMCI, WDC, etc…) trade entries setup + 20 others (SN, FN, etc…) plus 30 “wait and hold” candidates have been discussed during the live session.

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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