Replies to post #18429 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

spy pivots
tos has study showing
pivot points
like you posted they should probably scale in and out of iwm stocks
in rebalancing before rebalance date

[jxyzobrien]

gap into sub wave 3
can be powerful
since new buyers and trapped shorts are the fuel

[jmb015]

Maybe I'll end up being a week or so on my 6/14 put that expired. lol Below value area so far this morning.

421.75 - cleared
418.75 - to clear today?
416.25
410.50
406.75 - maybe

Open levels that I am tracking:

421.75
418.75
416.25
410.50

Below 20 MA daily. I suspect a bounce at the 50 MA. If I'm accurate Spy will go under the 50 MA daily and close to the 100 MA.