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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: Joe Highlander9/5/2016 1:17:27 AM
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Hi, all.

I often post when I am distressed by my errors. And the consequences. If you have time and inclination please look at chart of NGI #9, the diagnostic product company. Was 8-15 a buying climax? Volume was not high. The reversal could be attributed to pullback in general market and the industry and sector. There was even a note in DR of that date. looking in retrospect it sure fits buying climax with missing high volume. I alone am responsible for what I did or not; my 2 cents worth is that we not rule out a climax top solely because the volume for the day is not high.

Best Regards.
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