ES Wyckoff Accumulation - bullish case for equities

Bullush case for Equities:

After a clear distribution top followed by a markdown and underside retest of the previous range equities are looking like they are building a classic Wyckoff accumulation range.

This would fit very well with the macro picture of a short term resurgence of inflation, increasing rates and a relisation that the pause only comes AFTER the painful selloff. This sets up for a choppy sideways year for risk and a good probability of Lows in the latter half of the year followed by recovery thereafter.

Trader's market.