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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: coferspeculator who started this subject4/19/2004 4:28:34 PM
From: coferspeculator  Read Replies (1) of 14340
 
Today, the market had an intra-day failure to the downside and went on to close near it's highs in a narrower spread on reduced volume. It finished the day in a neutral condition.

The intra-day failure was the result of a lack of supply. Today's action was basically a non-event, indicating that neither supply nor demand wished to attempt to take control.
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