Replies to post #33865 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

dalton bearish
shane thinks this is covid selling to come
shadow bullish till moving averages die
we are at spxy 20 50 da cross

gold will be important to watch
shane thinks rates will go lower soon and so does tom obrien

normal fed week has rally
if the market is to fall this is the spot it would do that

https://schrts.co/eFqfJWFE

[jxyzobrien]

market is just balancing with no direction
which means its waiting for info to move
so low volume go nowhere

we are at the top of the balance area
yellow dotted line

if the market likes the news
which i have no way to know
it will break out of the balance area
if news is not well received it will attempt to go to the bottom of the balance area