Our Wyckoff Wave chart, which we use for general stock market direction does not look constructive here. We had new highs in our OP Indicator which measures volume, while price did not. Also an overbought Technometer as shown with red dots, and fell out of uptrend.

0 Comments

Categories: Blog

Tags: Overbought, Technometer, Wyckoff Wave

Take a Rest?

Click Here For Wyckoff Wave Chart 06-27-11 Our last post ended with the Wyckoff Wave at point Y. The Wave was in an overbought position…

0 Comments

Click Here For Wyckoff Wave Chart 11-24-11 Ever since I began writing my Weekly Market Reports, to post on the blog, and my daily Pulse…

0 Comments

Click Here For Wyckoff Wave Chart 06-08-11 Let’s pick up our study of the Wyckoff Wave at point M. Click here to view and download…

0 Comments

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…

0 Comments

Click Here For Wyckoff Wave Chart 04-12-13 The stock market, as represented by the Wyckoff Wave, is solidly in the next stage of the bull…

0 Comments

You must be logged in to post a comment.