For all the WyCkOfF nEvEr WoRkS bros - publishing on Nov 11 and will come back to this in a few days/weeks (depending on which phase we're in). We're likely either in phase D and might see another quick drive past the SOW (Signs of Weakness) or even the AR (Automatic Reaction), followed by a sharp decline. Or we're in phase E and we're about to get a brutal decline in the coming days. 🍿
My thesis on why the accumulation and distribution cycles seem a lot more visible this cycle is because of etfs and large institutional involvement.
My thesis on why the accumulation and distribution cycles seem a lot more visible this cycle is because of etfs and large institutional involvement.
Nota
Sticky note is for potential reaccumulation that can occur at the lows that I'm watching out for. If the signs appear, I'll flip bullish but the volume shows strong evidence of distribution at this current moment.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.