Traders Laboratory - View Single Post - Riding the Wyckoff Wave
Thread: Riding the Wyckoff Wave
View Single Post
  #285 (permalink)  
Old 05-02-2008, 02:29 PM
erierambler's Avatar
erierambler erierambler is offline
erierambler has no status.

 
Join Date: Dec 2007
Posts: 169
Thanks: 65
Thanked 35 Times in 28 Posts
Blog Entries: 33
Re: price action
Db,
attached chart with context, meaning trendline down and break, price rises to previous area. 1406 potential support, now tested. Then circle area price collapses. Could this be considered a potential capitulation as far as just price is concerned (reading price action by itself )?
erie

Attached Images
File Type: gif ES.gif (67.6 KB, 162 views)

The Following User Says Thank You to erierambler For This Useful Post:
Tannism (05-02-2008)