Cant get better example for Wyckoof Market cycle Text book distribution pattern. You can clearly see throw-over(breakout) to 1800 happened in low volumes. Now current pullback for RETEST is done.
Staying below 1505 will result in break below 950 and much below.
Staying below 1505 will result in break below 950 and much below.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.