Wyckoff spring states that in theory:
Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public...
Phase A is completed, We are going to Phase B which will consolidate from AR to ST when we create big wick to 25k or 30k We will head to Phase C which will be the spring. Whales are accumulating. . .
