Attempting to place us in the Wyckoff accumulation schematic

2021年6月23日

I was thinking that the last ST was our lowest low, but according to Wyckoff's rules, the "secondary test (ST) in the area of the selling climax (SC) should show less selling than previously and a narrowing of price spread and decreased volume."

I'm no Wyckoff expert, please feel free to chime in with comments. Do you think this last ST was confirmed? or do we need to see lower volume than this?

2021年6月23日

註釋

*The squiggly light orange trend line I drew is very loose, not really to be analyzed to seriously. Just wanted to map out a loose schematic of another ST test, potentially at lower volume, and a break of the Automatic rally (AR) resistance line.