The Story: * Price is ranging * We have a false break with very high PVR * The reaction up wave is long wave having a hard time to move up * Then a PRS signal confirms the Wyckoff Up-Thrust Furthermore the reaction after the down move is an up wave with an Abnormal SI of 35.3 which is a HTMU wave (Hard to Move Up) = more sellers and down we go again.
The "SI traders" know that this a Wyckoff Up-Thrust and a HTMU by just reading the Speed Index numbers.
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.