The Wyckoff Wave In The Middle Of The Trading Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down slightly for the week on average volume. The O-P was up slightly for the week. The Force Index was up as well for the week. The Technometer was close to an overbought reading late in the week.   The Wave and OP did not trade in lockstep last week.  The OP rallied into Thursdays high and gave us the near overbought reading on the Technometer.  This is slightly bearish for …

The Wyckoff Wave In The Middle Of The Trading Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down slightly for the week on average volume. The O-P was flat for the week. The Force Index was down slightly for the week. The Technometer is at a neutral reading.   The Wave and OP did not trade in lockstep last week.  The Wave was stronger on the rally while the OP lagged.   The Wyckoff Wave finallly had the pullback we have been calling for off of the top …

The Wyckoff Wave Had Nice Correction As Called

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave had a nice pullback for the week on average volume. The O-P was down slightly for the week. The Force Index was up slightlyl for the week. The Technometer came off of an oversold condition on Thursday, and still at a reading of 41.   The Wave and OP had a slight buy divergence on Friday as the Wave went to a new low while the OP did not.  This is not …

The Wyckoff Wave Sideways Once Again

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave closed up slightly for the week on average volume. The O-P was also higher for the week. The Force Index was also higher for the week. The Technometer is registering a near overbought condition.   The Wave and OP had a slight sell divergence on Friday as the OP went to a new high for the move, while the Wave tested its high.  This is what helped us register the almost overbought …

The Wyckoff Wave At The Top Of The Trading Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave closed down ever so slightly for the week on average volume. The O-P was also lower for the week. The Force Index was unchanged for the week. The Technometer is registering a near oversold condition.   The Wave and OP had a buy divergence on Thursday as the OP went to a new low for the move, while the Wave tested its low.  This is what helped us register the oversold Technometer …

The Wyckoff Wave Trading At Resistance

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave closed down slightly for the week on average volume. The O-P was also unchanged for the week. The Force Index was unchanged as well for the week. The Technometer is registering a neutral condition, after being near oversold early in the week.   The Wave and OP are trading in lockstep.   The Wyckoff Wave continues to trade at the top of the recent resistance level.  We still expected more sideways type …

The Wyckoff Wave Still Middle Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave closed unchanged for the week on average volume. The O-P was also unchanged for the week. The Force Index was higher for the week. The Technometer is registering a neutral condition.   The Wave and OP are trading in lockstep.   Not much to add since last week. The Wyckoff Wave continues to flop around in the middle of the recent trading range.  We had expected a deeper test of the 50,000 …

The Wyckoff Wave In The Middle Of The Range

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave closed higher for the week on average volume. The O-P was slightly higher for the week. The Force Index was also higher for the week. The Technometer is quickly nearing an overbought condition.   The Wave and OP are trading in lockstep.   The Wyckoff Wave continues to flop around in the middle of the recent trading range.  We had expected a deeper test of the 50,000 support level, and still feel …

The Wyckoff Wave Continuing To Correct

Todd Butterfield Week In Review 0 Comments

**We have experienced some issues with our Week In Review email list.  If you do not receive the email by late Sunday, you can always go to WyckoffSMI.com and find it under the “Library”, “Week In Review” tabs. The Wyckoff Wave closed lower for the week as called for.   Volume was average. The O-P was lower for the week. The Force Index was also lower for the week. The Technometer is registering an oversold condition. …

The Wyckoff Wave In The Middle Of Trading Range

Todd Butterfield Week In Review 0 Comments

**We are offering 25% off every item in our Wyckoff Store until Monday morning.  This is a great time to pickup our Unleashed Course, or a ProTraders Subscription.  At checkout use code:   25everything    The Wyckoff Wave closed slightly lower for the week.  This loss was caused by the major weakness in Boeing.   Volume was average with a spike for Friday’s expiration. The O-P was up slightly for the week. The Force Index was also …

The Wyckoff Wave Correcting Off Of The Resistance Level

Todd Butterfield Week In Review 0 Comments

**We are offering 25% off every item in our Wyckoff Store for the next week.  This is a great time to pickup our Unleashed Course, or a ProTraders Subscription.  At checkout use code:   25everything    The Wyckoff Wave closed minus every day of the week.  The resistance we have been speaking of did turn the Wave lower.   Volume was slightly above average. The O-P was down for the week. The Force Index was also down …

The Wyckoff Wave Trading At Resistance

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave once again was up ever so slightly for the week.  We rallied up to the resistance line as marked and traded at it all week.  Volume was average. The O-P was down slightly for the week. The Force Index was also down slightly for the week. The Technometer reading is nearing oversold.   The intraday OP is leading to the downside, which is giving us the quickly oversold Technometer.   The Wyckoff …