Here is an image of a Wyckoff Distribution Schematic: https://i.imgur.com/nOJl0Dd.png
Scroll down in this article to see more instructions on Wyckoff Distribution Schematics. There are two of them in this article. It would be worth while to study the entire article several times: http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method
Books by Wyckoff can be found here. However, make sure to scroll down till you see the name, Richard Wyckoff. MANY other books on trading can be found here as well. Excellent source of trading material FREE online: http://www.traders-software.com/Trading%20Books/
An excellent video to start with on teachings for Wyckoff by David H. Weis can be found here: "David Weis on Wyckoff, , and Waves" - https://www.youtube.com/watch?v=uzISUr1itWg&=&ytbChannel=BigMikeTrading
I will follow up LATER with charts that INCLUDE indicators. I've been up all night and feel lazy at the moment.
The REASONS you hear in this video should be PLENTY to help one understand how IMPORTANT it is to get as much of your capital out of the stock market as possible and INTO REAL ASSETS LIKE GOLD , SILVER and CRYPTO CURRENCY:
And this video by the same channel as well:
I have NO IDEA what her firm would recommend one to put their capital into. It's my recommendation to put it into PHYSICAL PRECIOUS METALS "IN YOUR HANDS" and a percentage in CRYPTO. I do not agree with that lady in regards to Crypto.
"ARE YOUR ACCOUNTS REALLY YOURS?"
Also, two excellent videos to watch/listen to:
As The Economy Collapses, Those In Power Are Taking Sides - https://www.youtube.com/watch?v=5Op35WLo1cY
The Big Event Is On The Horizon Which Will Change The Country: Jim Willie - https://www.youtube.com/watch?v=JZfyyQLefhQ
It's not looking good. We are down 9% from ATH and still falling. The BIG "smart" money is getting out with premium profits while the small foolish man takes the hit.
Actually, We never entered Phase E at all in 2016. Phase E is NOT mandatory. What determines a phase E is determined mainly by the laws of supply and demand in collocation with fundamental analysis.
NO BODY will have seen a bear market like the one we are about to see. EVER...
Sure, you're welcome...
Yes, I really like, Mike's stuff.
"Does this mean that as we enter Phase D and then E, it's like seriously time to prepare?" EMPHATIC YES.
"Like this chart of DJI is on a VERY long Time Frame , so these are many many cycles about to culminate and end? EMPHATIC YES. This has been YEARS in the making.... Decades even... All coming to an end. Meaning, THE END OF A SYSTEM. There will be a default/reset and start over GLOBALLY.
If your chart suggests anything, Epic collapse is imminent within 1 to 8 months? Yes, that's the way I see it. Hard to put a finger on exactly when but that's a good RANGE to estimate.