Short-term weakness quickly overcome again, yet long-term trend analysis shows signs of climactic run
WYCKOFF STORY
SHORT TERM WEAKNESS INTO THE END OF THE LAST WEEK NEVER MATERIALIZED INTO AN ACTUAL SIGNAL
AND MARKET REMINDED US AGAIN THAT WE ARE IN A RUNAWAY MOMENTUM PHASE OF ADVANCE
DEMAND IS NOW OF SPECULATIVE NATURE AND A LOT OF INSTITUTIONS ARE RIDING MOMENTUM
WHICH THEY WILL ABANDON AT FAST RATE ONCE THIS MOMENTUM BUBBLE BURST
ONE-TO-ONE PROJECTION OFF THE BASE (2064 POINTS, 17 WEEKS) SUGGESTS A TOUCH OF 9500 BY JAN 27-31
BUT CLIMACTIC RUN COULD COME ON WEDNESDAY'S SIGNING OF THE TARIFF'S PHASE ONE AS "SELL ON NEWS" EVENT
WYCKOFF STORY
SHORT TERM WEAKNESS INTO THE END OF THE LAST WEEK NEVER MATERIALIZED INTO AN ACTUAL SIGNAL
AND MARKET REMINDED US AGAIN THAT WE ARE IN A RUNAWAY MOMENTUM PHASE OF ADVANCE
DEMAND IS NOW OF SPECULATIVE NATURE AND A LOT OF INSTITUTIONS ARE RIDING MOMENTUM
WHICH THEY WILL ABANDON AT FAST RATE ONCE THIS MOMENTUM BUBBLE BURST
ONE-TO-ONE PROJECTION OFF THE BASE (2064 POINTS, 17 WEEKS) SUGGESTS A TOUCH OF 9500 BY JAN 27-31
BUT CLIMACTIC RUN COULD COME ON WEDNESDAY'S SIGNING OF THE TARIFF'S PHASE ONE AS "SELL ON NEWS" EVENT
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Wyckoff Method Trading and Education
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
wyckoffanalytics.com/
Stocks, Commodities, Indexes,
Cryptocurrencies
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.