ES Wyckoff Accumulation - bullish case for equities
Bullush case for Equities:
After a clear distribution top followed by a markdown and underside retest of the previous range equities are looking like they are building a classic Wyckoff accumulation range.
This would fit very well with the macro picture of a short term resurgence of inflation, increasing rates and a relisation that the pause only comes AFTER the painful selloff. This sets up for a choppy sideways year for risk and a good probability of Lows in the latter half of the year followed by recovery thereafter.
Trader's market.
After a clear distribution top followed by a markdown and underside retest of the previous range equities are looking like they are building a classic Wyckoff accumulation range.
This would fit very well with the macro picture of a short term resurgence of inflation, increasing rates and a relisation that the pause only comes AFTER the painful selloff. This sets up for a choppy sideways year for risk and a good probability of Lows in the latter half of the year followed by recovery thereafter.
Trader's market.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.