Wyckoff trading method, page-1998

Hyer Beany,

Here's my take on RXP:

Attaching two charts to show support and drawing of supply.

On the Daily, one can see that Price was well supported at the Climatic Event, finishing near the top of the bar.

On the Weekly, Price never quite made it to the Bottom of this bar, also indicating a support zone.

I'm in, as you know, but my Stops are quite loose, as I think this is on the way UP.

Cheers

soccer