Replies to post #20784 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

major wave 3 of a bear market
has crazy things happen out of nowhere

the spy weekly 100da sticks out like a sore thumb
we will eventually go there

the 58 day cycle down ends march 8-9. this is not an exact science

so the rally from spy 2126 to 4800. so fib .5 would be a normal retrace

so 1300 would be about fib .5

so 4800 - 1300 = 3500 spy end to bear market

the good news bear markets are fast and over quickly

look at the volume and candle size for covid and this is nowhere near
that.
the russian market fell 10pct yesterday and another 13pct today
much of the russian market is closed.
https://schrts.co/PpJEWpfj