Checkout SQ (Square, $80.76) The 5 minute chart shows OP hitting new lows while price does a triangle. Technometer also just traded 38 and change. We like this action and want to buy at the market. Use sell stop at $77.80
The Wyckoff Wave traded slightly lower for the week, on slightly lower volume. We was looking for more upside action off of the “last point…
Click Here For Wyckoff Wave Chart 01-06-12 Last Monday, the stock market, as measured by the Wyckoff Wave reached an important high and began to…
📋 Market ScoreCard General Market Condition: Corrective / Risk-OffWyckoff Bias: Distribution / Markdown pressure in major indexesTrend Structure: Weakening leadership, broad deterioration under resistanceTechnometer Condition:…
The Wyckoff Wave closed the week lower, but traded sideways after Monday’s heavy selling. Volume was average on the selloff. The Technometer was close to…
The Wyckoff Wave closed the week slightly higher, with increased volatility around the FED speak. Volume was average on the selloff. The oversold Technometer reading…
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