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Published: May 19, 2022 Are Volatility Levels Pointing to Major Bounce? Plus My Top ETF Pick U.S. stock futures are down yet again this morning, but there are many signs telling me the market bottom is near — and more in Thursday's stock market recap.   The put/call ratio is at 1.19, which is huge because we haven’t gone to these levels in quite some time. I mean, the last time we were trading around these levels was the COVID-19 crash of 2020, so don’t say this lightly.    If you turn your attention to the DIA, you’ll notice it’s sitting right at its previous lows and starting to bottom out. And if you look at its average true range, which measures volatility, you’ll see that it’s peaking out.    This tells me that the market’s downside pressure was too much too fast, which means there’s a great chance stocks will experience a big bounce.    In this morning’s stock market recap video, I’ll show you why I believe stocks are oversold… which sector is set to rise… an update on earnings and expectations for retail stocks… why the bond market is so choppy right now… a deep look into market internals and the current divergence… and whether volatility is peaking or not. Catch the Video Here ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ Check This out Before You Make Your Next Move I’m willing to bet everyone is tired of hearing about things like the Russia-Ukraine crisis, inflation and the Federal Reserve…   And if you’ve decided to take a more bearish stance because of them, I don’t blame you.    The danger we’ve seen in the markets the past couple of months has left a sour taste in our mouths. But here’s the thing…    I recently discovered a key indicator that finally has me feeling bullish.   So I decided to put together a “meat and potatoes” training class to cover everything people need to know about the key indicator I’ve found, and why I’m so happy about the current economy's trajectory. Access It Here ________________________________________________________ How Tuesday’s Retail Sales Data Will Shape This Week’s Trading Action May 17, 2022 In Tuesday’s stock market recap, U.S. futures were higher as Wall Street attempted to recover from weeks of steep losses. Continue Reading Why I’m Feeling so Bullish Right Now…  Plus My Top and Bottom Stocks May 18, 2022 In Wednesday’s stock market recap, U.S. futures traded lower this morning after another major retailer warned that costs are rising. Continue Reading A WealthPress Publication   ABOUT US:   We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US Roger Scott Update Profile

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