Wyckoff volume benchmarking / market profile bt analysis board

[jxyzobrien]

chop all day
the market energy is weak so moves just chop and breadth is weak and
ticks are split. interest rates will be a factor. when rates above 3
the run to 4% is a real problem. we are not yet rate sensitive.

1 more rate hike is baked in if the FED continues to plan for rate hikes
in 2019 the market must price new rates in.

if money flow continues to leave the market in january that will be a
big tell. insiders continue to dump.

as wyckoff says large operators need the market to go up multiple
times so they can scale out since they have huge positions.

market is still short term sellers. long term sellers just sell and
sell. they will charge a huge premium on puts when this happens.