Replies to post #299 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

Expect zigzags
The market is either in a bear or in bear market type of behavior
so expect 5-3-5.

so we are in first five. when this ends expect a big wave 3 rally
then back down to start the next 5 wave series.

Can the market become resilient to overvaluation, trade wars, attack
on tech companys. Its possible but unlikely,

The market was required to do a major 4 which may have been the move to
spx 1810. IT was also required to do a straight up move too,

So its not 100% the bull is dead. But obstacles are heavy all sectors
are selling. Breadth was below -2000 up vs down was 18-1 at one point
and all sectors were down.

[jxyzobrien]

rally on bad news
china adds new trade restrictions to US. so market rallies

great fakeout i thought we would go to value area low. i then thought this is just too easy.
and
it was too easy a short.

es 2600 and es 2609 (10da ma on the es 30)

were my original short targets
falling now so