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On May 25th, ST Hengxin announced that its controlling shareholder, Meng Xianmin, pledged 3.2 million shares to repay debts. The pledgee is Zhang Kai, and the pledge period is from May 22, 2026, until the date of completion of the pledge release registration. As of the date of the announcement, he has cumulatively pledged 61.655 million shares, accounting for 98.58% of his shareholding and 10.19% of the companys total share capital.Iranian civil aviation officials: All 20 airports in the country have successfully resumed operations.On May 25th, US President Trump tweeted: "I laugh at the Dumocrats, the RINOs, and all those idiots—they know nothing about the potential deal Im working on with Iran, which hasnt even started yet. These people are weak and incompetent, like that defeated Senator Tom Tillis; like Bill Cassidy, who just suffered a crushing defeat in the primaries; and that utterly terrible Representative Thomas Massey. In addition, there are almost all the Dumocrats—this completely lost group who always support bad policies and worse." These candidates, however, criticize every single one of my glorious victories. These people should go home and rest; they do nothing but create division and cause damage. In other words, they are a complete bunch of losers! An agreement with Iran will either be a great and meaningful one, or there will be no agreement at all. This agreement will be the complete opposite of the disastrous Joint Comprehensive Plan of Action (JCPOA) negotiated by the failed Obama administration—a disaster that practically paved a direct and unobstructed path for Iran to develop nuclear weapons. No, I will never reach such an agreement!US President Trump: The agreement with Iran will be completely different from the failed Joint Comprehensive Plan of Action (JCPOA) agreement negotiated by the Obama administration, which was a direct and open path to nuclear weapons for Iran. I will not make that kind of agreement!US President Trump: (Regarding Iran) A deal with Iran will either be great and meaningful, or there will be no deal at all.

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

Skylar Shaw

Jul 04, 2022 15:01

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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.