...Schematic #1. I'm sure TV's program will scrunch up the cover photo. So, it is copied and pasted below for easier viewing and reading of text bubbles.
Here is a link to an image of Wyckoff Distribution Schematic #1 for comparison with this chart I've posted here in comments: imgur.com/nOJl0Dd
”…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.”
Wyckoff referred to them as the Composite Man. I refer to them as the "Composite Group."
WHO is the Composite Group? The Central Banks of the World.
A gentleman referred to as "Dave" in X22 Report is in agreement along the same lines as myself. However, I'm simply using Wyckoff Methods to reveal to "The Retail Trader" what the Composite Group has been up to.
One thing I need to mention about the guy in the Greg Hunter video:
He mentioned "not" getting crypto because of an EMP attack of sorts by the Deep State. Knowing what I know about them wanting to create a Blockchain SDR and also [From what he said] in regards to going to a "cashless society," why would they destroy all devices with an EMP? Makes no sense. Think about it... How would people even use this "digital" and/or "blockchain" government currency they want to create? We wouldn't be able to use it. Period...
I'm also copying this comment in the other publication. So, if you're going over to the other to dee what I posted, it will be the same thing.
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IMPORTANT UPDATE; NOT TO BE TAKEN LIGHTLY... More indication of correction to come in regards to 9 banks appearing to be in trouble, "According to IMF report."
I'm posting this in my other publication as well: SPDR S&P 500 using Wyckoff. So, no need to go there if you came here first.
The Dump is upon us. IT has begun. It will start out with small percentage drops and pauses [In the form of dead cat bounces] to entice amateurs to buy back in to fill up the order books to the Composite Group's liking ONLY to dump on the amateurs once again. This will go on for a few weeks before it's FINALLY REALIZED by the amateurs, THIS IS IT. And panic sets in for BIG DROPS to commence to finish off the dump.
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Going ahead and posting chart on SPDR S&P 500 AMEX here:
@ProwdClown , you are using both TA and FA for your analysis. I’m only following chart so far and trade what I see. FA to me is too tricky to apply:) thank you!
kantorlive
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The volume signature confirms the distribution too, very very interesting, man!
@mnwind, You can see the large volume increase on the right, typical of phase C. High volume is high activity, in this case strong hands are selling shares to weak hands. Volume is crucial for Wyckoff, the stockcharts page posted by ProwdClown is very good. For an accurate examination of volume signatures, I recommend you to watch Wyckoff I: FI354 webinar on youtube.
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@kantorlive, Thanks for sharing the link. I'll have a look.