Russel Wyckoff distribution phase D

2022년 1월 20일

IWM looks like it is about spend the next week or so completing Phase D of Wyckoff distribution, a test of the resistance overhead seems likely followed by a subsequent fall off into Phase E downtrend, the gap down to 163 seems like a likely PT by all metrics, including Fib .786 retrace between what I would consider the last 2 major pivots.