The Wyckoff Wave Upthrusting The Recent Range.

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded sharply lower for the week.  Volume was slightly higher on the selloff as well. The O-P was down sharply as well. The Force Index was also down sharply for the week. The Technometer is trading deeply oversold.   We have been discussing over and over, how the OP has not acted well on the recent rallies.   This week saw the OP collapse to new lows once again.  It was reported recently …

The Wyckoff Wave trying to correct back into the range….

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded higher for the week.  Volume was slightly higher than norm, but equaling last weeks. The O-P was up slightly for the week as well, but still trading heavy. The Force Index was also down slightly for the week and went to new lows for the move. The Technometer is trading in a neutral condition after registering oversold at least weeks lows.   We have been discussing over and over, how the …

The Wyckoff Wave correcting back into the range….

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded lower for the week and corrected recent gains.  Volume was slightly higher for the week on the pullback. The O-P collapsed for the week and broke to new lows. The Force Index was also down sharply for the week. The Technometer is trading in an oversold condition.   We have been discussing over and over, how the OP has not acted well on the recent rallies.   This week saw the OP …

The Wyckoff Wave slow grind higher continues ….

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded nicely higher for the week once again.  We managed to penetrate the resistance level of the trading range we have been showing in purple.  Volume increased for the week heading into Friday’s close. The O-P continues to trade basically sideways but did join the rally somewhat on Thursday/Friday. The Force Index was up for the week as well but still below the highs of the last few weeks. The Technometer is …