The Wyckoff Wave Making A Low?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded sideways all week until Friday’s selloff.  Volume still at low levels. The O-P was down for the week. The Force Index was also down. The Technometer is close to oversold.   The Wyckoff Wave and OP traded to the downside in unison last week.   The Wyckoff Wave is still trading within the confines of its purple trading range.  No clues onto which way it will breakout. As the Wave rallied …

The Wyckoff Wave Headed To The Top Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave flopped around until Friday’s strong close.  Volume still at low levels. The O-P was down for the week in stark contrast. The Force Index was also down. The Technometer is below neutral headed to oversold.   The Wyckoff Wave and OP was completely out of sync last week.  You can see that the OP was in constant downtrend while the Wave was in uptrend.   The Wyckoff Wave is flopping around in …

The Wyckoff Wave Back In The Middle Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave ended the week lower as called for.  Volume was at low levels as well. The O-P was down slightly for the week. The Force Index was also down. The Technometer is still slightly below neutral.   The Wyckoff Wave and OP are moving in lockstep.   The Wyckoff Wave traded back deeper into the trading range as called for. We had expected continued weakness last week due to the neutral Technometer.  At …

The Wyckoff Wave Trading Sideways

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave ended the week ever so slightly lower as called for.  Volume was lower as well. The O-P was down slightly for the week. The Force Index was also down. The Technometer is still slightly below neutral.   The Wyckoff Wave and OP are moving in lockstep.   The Wyckoff Wave traded slightly lower for the week as expected, still respecting the resistance at the top of the trading range. We had expected …