Wyckoff distribution idea on DAX weekly chart
Wyckoff distribution has happened on Dow jones, drop incoming. Strong selling pressure!
Again the same pattern on the DAX as in Octobers crash
I feel the same pattern as in the last month, and everybody knows what was the outcome of this pattern? Am I right? You can see it in the red circles
As you can see in short therm, the technical analysis shows a short bear trend(I mean real short, because of the high voltality of the market, and election in US it can be one or two day, but with a big dip).After that it can hit 13800-14000 level with this volume. The true range tightened in the last days, but the close prices are in a little range, it shows me a...