EUR/USD 1.13776
0.072%
Gold 4077.73
0.594%
Oil 83.443
-5.761%
USD/JPY 163.700
-0.090%
GBP/USD 1.33122
-0.065%
GBP/JPY 217.926
-0.155%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On July 27, Evergrande Auto (00708.HK) announced on the Hong Kong Stock Exchange that, effective July 27, 2026, Chen Leyan has been appointed as a non-executive director; Lu Jiaqi, Chen Qingfeng, and Lu Sihao have been appointed as independent non-executive directors; and Peng Weihao (formerly Peng Weizheng) has been appointed as the company secretary. Trading in the companys shares will remain suspended until further notice.ASMLs share price in the Amsterdam market continues to decline, currently down more than 1%.On July 27, Evergrande Property (06666.HK) issued an announcement in Hong Kong stating that the company had been informed by the liquidators that following the previous decision by a potential buyer not to proceed with the potential transaction, the liquidators continued discussions with several potential buyers regarding the potential transaction. These potential buyers include parties newly joining the process, as well as other parties who had previously participated in the process. The next step is to invite potential buyers to conduct due diligence on the Group; as of the date of this announcement, discussions regarding the potential transaction are still in the preliminary stage. The proposed timetable for the sale process has not yet been finalized, and the liquidators have not received any offers in the restarted sale process, nor have they entered into any legally binding agreements regarding the potential transaction.ASML (ASML.O) shares gave back gains in pre-market trading, currently up about 0.35%.NVIDIA: The company will leverage SSI’s insights into the future of artificial intelligence to collaborate on advancing the technology of NVIDIA’s current and future computing platforms.

Market Breadth Indicator Reveals The Next Big Move In S&P 500

Skylar Shaw

Jul 04, 2022 15:01

微信截图_20220704145527.png


The price volume analysis of the S&P 500 and the bullish divergence in stock market breadth point to a probable large move.


There are additional bullish entry setups (from 24 to 106) as seen in the stock screener image below, despite the fact that the S&P 500 fell more than 2% last week along with very high levels of fear emotion.


Select companies from the Biotech (XBI) and Consumer Staple (XLP) categories also exhibit relative strength, in addition to the potential accumulation in China stocks as described in the video at the bottom of this piece. These industrial groupings have outperformed, which is crucial since these stocks are likely to take the lead when the market moves upward.


Let's use the Wyckoff trading approach to analyze the S&P 500's market breadth and price volume behavior in order to glean hints and warning indications about the impending price movement.

Suggestion