Volume spikes after the inclusion of American Waters into S&P500. A Wyckoff student should expect a retracement at this point. Two key levels are drawn in the chart for a long entry. It must be kept in mind that this is a monthly chart.
Comments
Market_Psychology
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Judging by the divergence that I noted in this chart a retractment should be coming soon.
Csys
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Nice one. Thanks for sharing! I am gradually leaving all technical indicators behind, so I didn't check if there's any divergence.