Wyckoff volume benchmarking / market profile bt analysis board

[jxyzobrien]

bears did not really win day
first of all we completed abcd down

we did reject the time value area and could not regain it

but volume poc is identical to monday so real value is the same and
the down was not confirmed

but we rejected abcd lows at premarket and came back and rejected them
at 2pm. so it was successful retest of the lows.

we also traded in the new volume profile and accepted price

check out the volume bars more buyers then sellers

the vix had a daily reversal candle

the market got too long es +100 then inventory adjusted till 2pm

that said we did a hard wave 2 down meaning sellers could not take
the market below lows and this creates a violent wave type 3 up move