$ES_F $SPY - Wyckoff Update

I believe we are distributing on f the lower TF's, but still marking up on the 4hr and daily. We should start distributing on those soon. Overall, I believe this is (13) or UTAD on the larger TF's. We won't take out ATH's and if you look at the charts, you'll see the low is in for UTAD. I think we chop around as tutes distribute for MD. 2091.50 is top end from my perspective.

Big moves last few days. Look where it stopped UTAD resistance on weekly on monthly