Replies to post #12016 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

wave 4 no big deal and oil bottoming
wave 3 done. wave 2 was 213

so down 110 on wave 4. too long price and time to be subwave

fork said return to median line and of course it did

big gap down do get nice short covering rallies early and NQ long
bottom of es range 2700 and yes we are balancing





oil
last time oil hit 4 hr rsi 30 it ran up 7
did again this time it ran up 6

[Nirvana]

Wish - good note and good tip on DBO
I also checked UCO and it did a 25-1 reverse split today .... not sure if there is one planned for DBO soon. Have both on my radar now for scaling in over the next month.