this steady slide from the new high has signaled clear signs of daily consolidation for large tech stocks like google. if this wyckoff distribution completes we will end up in a trend not unlike what ive outlined.
the volume weight average signals have trended lower all week so far. i would imagine this continues, with some regressive upward bear contractions approaching upper channel.
the regressive mean is a slide from the new high to our current average.
this 4hr trend is compatible with history, and the new volume weighted average data according to the algo.
the volume weight average signals have trended lower all week so far. i would imagine this continues, with some regressive upward bear contractions approaching upper channel.
the regressive mean is a slide from the new high to our current average.
this 4hr trend is compatible with history, and the new volume weighted average data according to the algo.
Note
looks like selling time
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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.