New TA/Charting, page-13531

Has anyone found an expert on Wyckoff Method who knows what a massive Distribution and Markdown looks like and more importantly how it begins?

The last such “expert” suggested a SP target of around 36c before any support might kick in and that was well before a lineup of one ATH after the other in the not too distant past. Strangely I never saw a retraction, correction or adjustment of that chart and its target either as the higher highs kept on arriving. Maybe he abandoned Wyckoff Method together with EWT and Fibonacci ratios, which he claimed weren’t any good either.

Well I say each to their own and don’t argue with the market, because the market is never wrong, expert opinions often are!