Thursday, October 8, 2015

Interesting day today as the bears got steam rolled. Looking at couple possible Bear and Bull Scenarios


Trying to see if I can see a bear case on the 4 hr chart.   I'm having a hard time seeing it.
ES 20151008_1558 240 min Chart - my attempt at Wyckoff Accum Dist Ident bearish view

















The bull case on the 4hr chart seems easier for me to identify (there is a lot of bias in there also)
ES 20151008_1607 240 min Chart my attempt at Wyckoff Accum Dist Ident bullish view






Example of A Wyckoff Accumilation 

Sell Health. Health Sells