easy · Volume Spread Analysis wyckoff-phases-schematics

An index is in a downtrend. It produces a wide-spread down-bar on low volume, closing on its low. This 'Falling Pressure' suggests:

  1. The market is entering an accumulation phase
  2. Professional operators are aggressively driving prices lower
  3. The decline is losing momentum as professional selling is absent
  4. Retail panic has reached its absolute peak

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