Wyckoff trading method, page-1175

Hi Jako, awesome thread. Can I play?

PDN potentially showing some shortening of the thrust? Below shows massive volume versus the true range on the weekly.  Friday's bar (on your chart) shows another effort vs result bar. It also tests the previous low a few bars earlier on lighter volume. Needs follow through to continue.
Perhaps look for a reaction rally and a retest of the lows to establish a new trading range and look for a sign of strength on the right side of the trading range where there may be less volatility — perhaps even a spring.