Replies to post #38622 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

when the market loses value area
that will matter
what he thought previously has no bearing
still holding value area

[jxyzobrien]

assumptions to make
market will balance 70 pct ot time
market will use RSI extremes to trade
markets tend trade directionally so find the direction and go with
markets trade on value, price is often used to get you to do the wrong thing
if price goes higher value must also to confirm move

if market is balancing go with balancing rule
So buy bottom of balance short at top

[jxyzobrien]

bears failed again
bears could not even get to balance area low or value area low
again until value area is resistance
buy all pullbacks

[jxyzobrien]

120 pm today
value area became resistance and trend changed
i think this is govt shut down worries