Replies to post #2394 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

top of range failure
so fall to s1 would be es 2908

[jxyzobrien]

4 days of selling
bears can't get the market to sell much past 10am
2 places to die were old highs or new high. we died at old highs
reversion to the mean

http://schrts.co/qo8ZKh

[jxyzobrien]

interest rate sensitive +3%
market just ignores rates till they stay above 3%. which they are now.


IWM fall was the first warning.

we will go to the bottom of the ES range 2865. it will take some
time

vix up 3 at 14.74 WOW

put call ration 1.02

they are dumping. this maybe long term trader
market is acting this way. the normal boumce at ES S1
was weak

[jxyzobrien]

in value
they are trying to get the shorts to cover.