Daily Sequentials at 9 followed by a slowing down on sellingpressure, for 1 week algos and DP has been accumlating, days forward is not something that you should short (yet)
Been late on publishing this idea but been consistently talking about it past few days.
Text and pattern copied from the link, all I did was to apply it to the chart.
Phase A: Phase A in a distribution TR marks the stopping of the prior uptrend. Up to this point, demand has been dominant and the first significant evidence of supply entering the market is...
I was posting an idea days ago about Wyckoff accumulation, but since the spring was dropping way harder than I expected, I started to consider another mid-term scenario.
Looking at how aggressive the drops have been lately, the chances are big that we'll make a drop of 75%~ over a mid-long-term just like the waterfalls from 2008 and 2008, a lot of noise will be...
Once again, fractals always re-occur.
The green line is a Wyckoff structure from 2014 Nov. (and not 2015 April as I stated in the chart)
Downscaled and resized, still, a fractal is a fractal.
Hope you enjoyed this visually.
Hi folks, this is my first time posting an idea/"short" analysis publicly, hope you'll enjoy it
This is the chart from SP500, I mirrored 2007 financial crisis structure, unedited, raw and pure, pasted it below our chart, checked the fractals/similarity, and it's deadly alike.
With the somewhat positive sentiment from...