Replies to post #4948 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

Yesterdays and todays normal market move
since vix is high moves are really intense
Rsi divergence is a great tool. 3 rd time up works real well

wave 1 was 62 (hard wave 1).

wave 2 was 38.

wave 3 was 64

wave 4 should be similar to 2 and so normal fib move .50 of
wave 3 is 2838
so wave 4 33 so far 2838

[jxyzobrien]

5 15 and 30 min moving averages
breaking above a moving average then coming back and the successful retest and rallying is often re energizing the move

noticed
ES 5 min broke above the moving average crossover then used the 50da
ma as support

ES 15 broke above the 20da and it has used it as support the whole
way up

ES 30 above 10 ma

wish i could create software to place a stop just below a moving
let me know any ideas

[jxyzobrien]

inventory adjust
internals still good

defend the open but may fail


failed the oopen i am short

[d-k]

Sold ES at 2831 from Avg 2015, after hours. Missed morning spike as I was out. No position over the weekend.