SUN Daily Chart Analysis the Wyckoff Way 06/11/2015.

I have marked some reference points on this SUN daily Chart applying Wyckoff Method Analysis. All the available data to date suggesting that the pattern (Trading Range) on hand is more likely to be an ACCUMULATION rather than a RE-DISTRIBUTION. Confirmation of a new BULL RUN will only come with a close above SOS, if and when on hand. SPRING as well as a CREEK formation which are two important characteristics of the method, marked on the chart, for those of us who are familiar with this method.

sundailywyc

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