Replies to post #2115 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

extended 5th wave
excess at the top and confirmed by breadth and ticks.
so we will get oversold bounces but channel will not hold.

wrong chart sorry

[jxyzobrien]

bottom of range ES 2663
a normal move with some juice. not gonna get there right away


overnight is 100% short so there will be 65% chance we have some short
covering.

could not get below S1 so bears not doing a great job bulls
just do short cover rallies.

for the selling to end we need 4hr rsi 30.
hanging near value low so should enter

[jxyzobrien]

money flow real bad
that has been going on for awhile. along with huge insider selling

we hit a major support area so i expect some bounce. first time against
this support holds for a bit then gaps past.