Replies to post #22879 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

no capitulation at all
investors do not believe the selling and they keep buying as the market stalls.

this is why the gap and balance as new buyers come in.

the market has 2 month down cycles. the current cycle the middle of may will go
to mid july

the scary thing is how orderly the selling is.

the spy monthly 50da ma is 3440
major support and buyers will come in hard around there.
https://schrts.co/NKpMwaCg