Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: coferspeculator who started this subject	4/22/2004 4:50:26 PM
From: coferspeculator	of 14340

Today the market traded to the upside as demand overcame supply. Demand continued to exert its pressure from yesterday and supply wasn't able to contain it. The market traded up on wider spread and increased volume ending the day near it's highs in a neutral condition. The action today indicates that a test of the highs of April is likely. If demand can continue it's new found energy than the likelihood of a failed test of Aprils highs is possible since the market ended the day in a neutral condition. The neutral condition should assist in further upside progress. Should this test fail the next object will be a test of the highs from earlier in the year.

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