Wyckoff volume benchmarking / market profile bt analysis board

[jxyzobrien]

confusing reality without looking at the charts
just say the market will correct hard over and over and eventually its
like saying to someone you will die some day actually happens. ITS collapsing soon is based on emotion not chart reading

the market refuses to even do a reversion to the mean. why because the
market is trading on the repo market and its providing monster QE

the market pulls back on news liquidation breaks and RTH buyers are
all too happy to accept the shares at lower prices and then gap up
on some random news

IWM is the weakest indices and still can get below the 5 da ma

http://schrts.co/SxeDQtTD

NDX which is way over bought still can not break the the 5 da ma either
http://schrts.co/DpCdiYTU