richardjozsa

richardjozsa

Wyckoff distribution idea on DAX weekly chart

richardjozsa

Wyckoff distribution has happened on Dow jones, drop incoming. Strong selling pressure!

richardjozsa

Again the same pattern on the DAX as in Octobers crash

richardjozsa

I can see a rising wedge on Dow Jones.

richardjozsa

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

richardjozsa

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...