Replies to post #213 on Wyckoff volume benchmarking / market profile bt a

[d-k]

Hi Jerry, Yesterday morning ES 60 min showed divergence at RSI 70. So I waited for pull back to go long. But I forgot to look at VA info and went in too early. I did not expect 60 min rsi to hit 30 in one day but it did. I went with 1/5th position initially and kept on playing bounces to reduce my cost basis. Now I have 2/5 position. Looks like I may be ok now.

Is this wave 5, if so target SPX=2850? (I just show your post 214 that answers this. So you do not need to answer)