XLV -Wyckoff Distribution Scenario
Looks like we're facing a distribution trading range.
Double top I believe constitutes as a "Failed Rally" which would put us at Phase D.
If this is the case, then I'm expecting a major SOW to develop.
We might be
Looking for my AZPN SSRD chart... to follow.
Double top I believe constitutes as a "Failed Rally" which would put us at Phase D.
If this is the case, then I'm expecting a major SOW to develop.
We might be
Looking for my AZPN SSRD chart... to follow.
Note
Linked chart for your zoom-in pleasure.
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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.