Replies to post #33646 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

market closing
right at the vpoc
so we are not short in the hole
value area lower
value lower

[jxyzobrien]

market ran out of sellers so wave 4 counter move
Powell fed speak and lots of fed speak

united health care zoomed dow futures (news leads, beware of war)
tnx up again 4,65

this up move should last most of the day or all of it
lots of later day shorts trapped will be forced to buy

[jxyzobrien]

advance decline -2000 often selling climax
if advance steadily goes down sellers were just hiding and not done yet
earnings are now in the focus
phony war in the back seat but can be a tough back seat driver

[jxyzobrien]

you jump in the water first
85 pct short in dow
so buyers hiding till coast is clear


so low retest looks probable
some are saying no move till powell speaks

sub wave 3-5 we aint done till lows hold
script was short pre highs but dont expect much