Replies to post #26625 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

market becoming tolerant of inflation
so it did not attract new sellers.
pining to kill spy options 395-6

bears did not accomplish much
https://schrts.co/pzNnuHfv

[jxyzobrien]

Elliot market views are very bearish
If i had a dollar for every EW count that was too bearish i could have a nice dinner.
Futures do not match up more selling is expected early in the week
So when i see so many confident of a crash
the odds of it are very small.

I expect the normal fed rally since they are now doing QE again
Central Banks run the world. Things are different and the fed funds rates
do not run the show. So gloom and doom is again all over the place
I do not buy it. Price and volume must confirm.
The dollar and interest rates must also zoom.

Events do come out of nowhere so use sound judgement