Wyckoff trading method, page-1549

yes, generally if support is continually challenged, and cannot muster enough demand to accelerate away from the danger zone. Then eventually price will usually breakdown and pull back to some degree.

Pretty Good Job H F, I agree with most of that, in particular the UTAD.
If you flip the chart vertically, and relabeled everything for strength (accumulation), instead of weakness (distribution), you can see how they are actually the mirror image opposite of each other. So the BCX (buying climax) would need to be changed to a selling climax etc etc......



cheers