Wyckoff Wave Continues Range Bound and Quiet.

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was up slightly once again for the week.  Volume decreased from the previous week. The O-P was flat for the week. The Force Index was down for the week. Last week’s comments still stand……..We are having sideways range trading action with no clues of how or when we leave the range.   We are slowly trying to fall out of the uptrend, but still hugging the demand line. The Technometer is sitting around …

Wyckoff Wave Still Range Bound and Quiet.

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was up slightly for the week.  Volume increased slightly once again. The O-P was up slightly for the week as well. The Force Index was down for the week. We are having sideways range trading action with no clues of how or when we leave the range.   We are slowly trying to fall out of the uptrend, but still hugging the demand line. The Technometer is sitting around neutral, so no help …

Wyckoff Wave Still Testing Upthrust?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down slightly for the week.  Volume did pick up from the recent low levels. The O-P was up slightly for the week. The Force Index was down for the week. The Technometer moved to overbought two weeks ago, and had an expected upthrust.  Since then we have been looking for a test of that upthrust.   That could be completed in the last week of trading action.  We have a Technometer up …

Wyckoff Wave Now Testing Upthrust?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down for the week.  Volume continues at relatively low levels. The O-P was down slightly for the week. The Force Index was up for the week. The Technometer moved to overbought last week and we was looking for the rally to end, and for the Wave to experience an upthrust.   So far this looks exactly what happened.   The late rally Thursday/Friday should be the test.   We look to see if we …

Buying ATVI – Activision at the market. Current Price $92.95. I like the way the OP has been solidly down while price is holding and actually just did a “spring” and nice rally off of it, and now holding at higher levels while Nasdaq is getting clobbered

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

Wyckoff Wave Overbought and Upthrusting?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was up for the week.  Volume continues at relative low levels. The O-P was up for the week. The Force Index was up also for the week. The Technometer moved to overbought on the close Friday.   We think this rally is near an end here.  We could see a possible upthrust, and then lets see if any follow thru to the downside. The Wyckoff Wave and OP are moving in unison. The …

Wyckoff Wave Breaking Uptrend?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down slightly for the week.  Volume continues at relative low levels, except some increased activity Thursday after FED speak. The O-P was down for the week. The Force Index was flat for the week. The Technometer moved near overbought on Tuesday, and brought in a little selling.  The Technometer is now near neutral as we are right at the uptrend line of the last five months. The Wyckoff Wave and OP …