Replies to post #22486 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

monday shadow 1
4 new vpocs created
if we go up monday a pullback point would be es 4160 yesterdays volume vpoc

peter says market profile really shines on this analysis
peter also says he uses rth chart during trading so 930 to 4pm
the sector charts are weakening
but ticks ok and advdec sideway
so no real sellers yet

we are hanging right at today volume vpoc so this could be resistance

[jxyzobrien]

wave 3 golden ratio fib 1.6
market ran to fib 1.6 golden ratio

this was also a large abcd up
new week new energy, monday s/b weak volume

when a hard abcd completes it goes the opposite way hard

if this abcd is not done then it wlll pullback lightly build a base and then rally