We wanted to show that there is good buying on this rally and the Technometer is still in the neutral range, so we feel we could rally to the first upside objective off the figure count.
You can see that the first figure count objective is $73-76
The Wyckoff Wave is having a hard time putting together a rally here, so our other long positions are mostly treading water at this time.
Todd
Click Here For Wyckoff Wave Chart 06-27-11 Our last post ended with the Wyckoff Wave at point Y. The Wave was in an overbought position…
The Wyckoff Wave closed the week down again, on an increase in volume. We was hoping that prices would try to hold early in the…
The Wyckoff Wave closed the week down sharply, on low volume. For the last week and a half, the Wave had met resistance at its…
The Wyckoff Wave spent last week continuing to subdivide lower. Volume increased on the selloff. I was wanting a slightly more oversold Technometer before entering…
The Wyckoff Wave closed the week sharply higher, on much lower volume. The Technometer is extreme overbought. We closed strongly higher Wednesday/Thursday/Friday to end the…
You must be logged in to post a comment.
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.
We moved our two subscriptions to a Discord channel
Now you can Join us on Discord Channel
Hi this is Excellent material,,,,,would Love to get Very Involved with all the Aspects of Wyckoff and this Forum,,,Thxs Very Much. Ory Please let me know where I can begin,,,,, thxs again
Hi Ory, we are preparing to launch in the upcoming weeks a brand new online course. This would be a great place to start for any one looking to learn about Wyckoff. However if you find that you wouldn’t like to wait that long we definitely recommend picking up Jim O’Brien’s hard back book “Wyckoff Strategies and Techniques”. You can view this book in our store here. You can also receive 15% of the book this week by using the coupon code “WeekInReview” . If you do decide to pick up the book before the release of the online course we will be happy to deduct the cost of the book from the price of the online course for you when we release the course to the public. Hope this has been of help and if you need any other help feel free to contact me at mbeasley@wyckoffsmi.com – Matthew Beasley