About meI use the methods of Richard Wyckoff with Japanese candlestick patterns and volume spread analysis (VSA) to identify potential early signs of stock market trend reversals.
The market specialists have reached the target price of their markup campaign and are liquidating their positions to retail traders and investors. After the specialists have exited the market completely, the price will start to fall without their support.
The market specialists have begun closing their positions and selling to retail investors and traders (aka distribution). Without the specialists' support, the market will start falling as retail traders realise the stock won't climb any further and they start selling as well.
After period of absorption/stopping volume, accompanied with an RSI move out of oversold territory and increasing MACDH, could this be the start of a bullish trend reversal?
