Since the topping formation formed in November 2021, distribution in S&P 500 was manifested after the upthrust after distribution (UTAD) event in early January 2022 followed by sharp selloff as a sign ...
The false breakout signal suggested the start of the downswing under a Wyckoff distribution, which is expected to break the low formed in February 2022. Last week S&P 500 attempted to reverse and ...
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