The difference is the ES was moving in a downtrend --it would have been much easier to make a move had it been moving sideways like the Wykcoff chart.
..."easier" ? ..... the market sure made that 40+ point move look easy to me ...edit....i could be wrong... but i dont think the Wyckoff spring has so much to do with the trend as it does with ranges..... .... springing from one range back into a previous one....
Sweet. quick 4 pt move on ES thanks to PPI. Been trading oil and nice to catch a move that isn't like trying to grab the bumper of a corvette without getting ur arm ripped off in the process. Do we break 1500 today or is this just a nice dead cat?