Replies to post #19427 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

day 3 of short covering rally
this is why the put call ratio has stayed so high

we are close to 4 hr rsi 70 so we go there

the wyckoff traders are shorting too early using volume comparisons

All the indices should top together.

we also need spy 60 min to hit rsi 70

there are 3 spy swing points above. we should die at 1 of them

[jxyzobrien]

bears not ready to take control yet
accumulation
then lunch rally

classic value area (accumulation)
PUT CALL .72 SO NO MAJOR SELLERS
SO NO ONE WANTS GOLD

oil doing great
even after completing abcd pattern

as long as aapl holds up so does the market

in value area so choppy
if we stay in value area for awhile we break out

[jxyzobrien]

vix rallying
so be carefull

vix now dumping again
so fakeout

[jxyzobrien]

wave 4 burning thru shorts and value area
to kill time and rebuild energy

[jxyzobrien]

SHADOW WEEKLY
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