Replies to post #21689 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

in the 70's we cared about main street
now the only thing that matters is wall street

volume bench marking false down move

we broke a swing point with much lower volume
so now back into the range.
now if we can not get back into that big green candle short Baby

[jxyzobrien]

short in the hole
late sellers drove the market too far from value

that said the market extended the balance area down a bit

if the inventory adjust up is weak say to only fib .38 from todays high to low

look for another real bad tomorrow
financials stock tomorrow so more bad news

[jxyzobrien]

excess highs on all indices
no longs for sure

maybe run to va low

es 4407

fed speak 230. eco data done