Selling/buying climaxes are in the Ending Action (EA) category, which means it’s a powerful enough countervailing force to stop the down/up trend. The only way this could happen is for the big interests to come into the market and overwhelm the weak handed sellers. This is what causes EA to occur. They are powerful indicators on all time frames…. (for subscribers).
Different Top Structures
The video takes a look at different top structures with SPY, DBX and AVGR. SPY is the only order which got filled, and I covered the puts late in the day. All three were mentioned...