Wyckoff volume benchmarking / market profile bt analysis board

[gdl]

Stochastic still bullish here. Fed Meeting could decide the immediate fate. Unlikely rate cut and it is off to the races. Without it I just can't see that breakout event.
While 4/7/2025 was the start of current wave 7/4/2025 should be the defining end. Will it be at much higher levels in the next 13 trading days? Will we already be sinking by then? Irrational behavior is the trademark of all aspects of our lives. TRUMP has favorable rating with his treatment of immigrants and the tariffs seem a thing of the past with no recognition of its destructive powers. We also have open season for the fringe unstable individual to go on a killing spree, and it will move down the line towards just very angry individuals with free will and a feeling it is now acceptable.

A FED rate cuts, a very unlikely scenario, would surge this market over the next 13 trading days and 6666 on SPX will be doable. I give that a very slim chance but possible till the FED announcement says otherwise.

7/4/2025 in my opinion will be a watershed event. A clear reversal even though we would not open for trading till 7/7/2025. It marks the 3 month move that typically does NOT get exceeded before a decent drop. I see that drop as dramatic.