Wyckoff trading method, page-1560

  1. 3,285 Posts.
    lightbulb Created with Sketch. 5
    Really? I thought the past couple of bars were poor.
    We had the big shakeout 8th March, 9th and 10th were weak response to the upside, 14th another test of the shakeout which was not on light volume, dirty up thrust through a resistance level on the 16th and a fail to sustain any gain on the 17th.
    The upthrust is in a spot I expect to see one, and the 17th trading was all to the down side not on light volume. As you said previously, there is a lot of work required to get through the overhead resistance zones.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.