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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: robert b furman who wrote (39033)11/27/2021 9:26:55 PM
From: Sendme  Read Replies (1) of 39131
 
Do you ever look at Wycoff distribution? I ran across it this past year, but don't know a lot about it except that the DJI chart is looking a lot like it.

If this is correct and it is a distribution phase, then it really looks like it could start breaking down in March or April as well.




Everything right now seems to be inside of a channel which is a prime set up for all of them to break down really close to one another. And if that happens, I think that it would be quite bearish.




You gotta love that the Fed's got our backs!!! LOL



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