Replies to post #16659 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

lunch traders
love to do the opposite of rth

so selling did not last

advdec sideways

poor hi should get repaired today

[jxyzobrien]

poor hi then failed attempt to repair it
4th gap up often substitutes for an excess high since its just another
form of excess. Normally you get an excess high and that marks auction end.

an attempt to test a high or low that fails is still a retest and failure.


market profile or ew wavers' want technical analysis to be perfect
and often get too anal. traders often expect a retest to the penny
and hard moves up or down often will not quite go back there

[jxyzobrien]

market is just tired
so bulls and bears swapping shares and trying to adjust to higher prices