Replies to post #24414 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

price wise the bt spy 60 20da ma is line in the sand
should be resistance for the wave 4
but you also have to look at nbr of days and volume
a wave 4 should last 1 day with weak volume and internals
the market down 5 of 6 days took out all the sellers and volume down
finally died
the market is 1 time framing showing all the sellers have been eliminated
the dollar is now in a down trend
3rd cowboy tomorrow and new energy in new week

https://schrts.co/ysgqTCWf
https://schrts.co/iDAfSEPy
https://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=0&mn=1&dy=14&i=p46857756371&a=234724271&r=1593092184058

[jxyzobrien]

finding the right template
market trades on different things at different times
right now dollar/euro/es. are close