this steady slide from the new high has signaled clear signs of daily consolidation for large tech stocks like google. if this wyckoff distribution completes we will end up in a trend not unlike what ive outlined.
the volume weight average signals have trended lower all week so far. i would imagine this continues, with some regressive upward bear contractions approaching upper channel.
the regressive mean is a slide from the new high to our current average.
this 4hr trend is compatible with history, and the new volume weighted average data according to the algo.