Here is a brief theory of mine on where we are right now if we really are in an accumulation phase of the Wyckoff Method.
In this scenario, I believe we are early in phase B and will be in for a wild ride over the next couple of months while we utilize the whole range created in January. Hopefully, this will end sometime between mid-June and mid-August, then we can resume the Bull market.
I believe this is the more likely scenario. I will be including a bearish scenario as well.
These are my 1st publications. I am a relatively new trader, so take this for face value only. These are purely thoughts, and I would like to hear any productive feedback you may have.