In this short video, Author and Trader, Gavin Holmes explains a Wyckoff Volume Spread Analysis Gotcha Bar followed by No Demand on the four hour chart of the E-Mini S&P Futures contract.
This set up appeared last week and again today and is a clear indication of market weakness.
As I type this the headline on BBC News is "Global Markets Plummet as US Tariffs Take Effect.
Panic selling is often an opportunity for the chart readers who can identify a Shakeout, not here yet but watch, I will keep You all posted. Best wishes, Gavin Holmes
This set up appeared last week and again today and is a clear indication of market weakness.
As I type this the headline on BBC News is "Global Markets Plummet as US Tariffs Take Effect.
Panic selling is often an opportunity for the chart readers who can identify a Shakeout, not here yet but watch, I will keep You all posted. Best wishes, Gavin Holmes
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Disclaimer
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.