As you can see, the Wyckoff schematic below shows a strong possibility that the 2021 bullrun was simply our Preliminary Supply area.
There is no way of knowing what the exact numbers are, but there is a strong possibility we top way before 150K, and a fair way above 123.6K, which is where the majority of shorts would be placed.
Currently we have a 5 wave structure. This is too easy. As the schematic shows, a Buying Climax liquidates Elliot Wave Bears.
130+ would create some euphoria, and lots buying the dip all the way down.
There is no way of knowing what the exact numbers are, but there is a strong possibility we top way before 150K, and a fair way above 123.6K, which is where the majority of shorts would be placed.
Currently we have a 5 wave structure. This is too easy. As the schematic shows, a Buying Climax liquidates Elliot Wave Bears.
130+ would create some euphoria, and lots buying the dip all the way down.
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