The Wyckoff Wave traded sideways all week until Friday’s selloff. Volume still at low levels. The O-P was down for the week. The Force Index was also down. The Technometer is close to oversold. The Wyckoff Wave and OP traded to the downside in unison last week. The Wyckoff Wave is still trading within the confines of its purple trading range. No clues onto which way it will breakout. As the Wave rallied …
The Wyckoff Wave Headed To The Top Of The Range
The Wyckoff Wave flopped around until Friday’s strong close. Volume still at low levels. The O-P was down for the week in stark contrast. The Force Index was also down. The Technometer is below neutral headed to oversold. The Wyckoff Wave and OP was completely out of sync last week. You can see that the OP was in constant downtrend while the Wave was in uptrend. The Wyckoff Wave is flopping around in …
Lower buy stop on short GDX to $28.16
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The Wyckoff Wave Back In The Middle Of The Range
The Wyckoff Wave ended the week lower as called for. Volume was at low levels as well. The O-P was down slightly for the week. The Force Index was also down. The Technometer is still slightly below neutral. The Wyckoff Wave and OP are moving in lockstep. The Wyckoff Wave traded back deeper into the trading range as called for. We had expected continued weakness last week due to the neutral Technometer. At …
The Wyckoff Wave Trading Sideways
The Wyckoff Wave ended the week ever so slightly lower as called for. Volume was lower as well. The O-P was down slightly for the week. The Force Index was also down. The Technometer is still slightly below neutral. The Wyckoff Wave and OP are moving in lockstep. The Wyckoff Wave traded slightly lower for the week as expected, still respecting the resistance at the top of the trading range. We had expected …
Sell Short GDX at the market, current price $29.48. Use protective buy stop at $30.56
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The Wyckoff Wave Turned Back at Resistance
The Wyckoff Wave ended the week slightly lower as called for. Volume was diminished until Friday’s selloff. The O-P was up slightly for the week. The Force Index was also up. The Technometer is now slightly below neutral. The Wyckoff Wave is slightly stronger than the OP, due to Friday’s volume surge at the close. The Wyckoff Wave traded lower for the week as expected, respecting the resistance at the top of the …
The Wyckoff Wave Nearing Resistance At Top Of Trading Range
The Wyckoff Wave ended the week sharply higher once again, continuing the rally we have been expecting. Volume increased as well as price spread. The O-P was up sharply for the week. The Force Index was also up nicely. The Technometer has now reached overbought. The Wyckoff Wave is slightly stronger than the OP. The Wyckoff Wave traded higher for the week as expected, nearing the top of the purple trading range. We …
The Wyckoff Wave Back Into The Middle Of The Trading Range
ANNOUNCMENT: We have had major success in Bitcoin and Cryptocurrencies the last few years, so we have spent alot of analysis on these markets. For those of you with no interest in Bitcoin, we have started a new Twitter where we will discuss just the stock, bond, and metal markets. Give us a follow at https://twitter.com/wyckoffonstocks if you have an interest. Also with our success of our Crypto Discord, we are entertaining the idea of starting …
The Wyckoff Wave Rallied Away From The Danger Zone
ANNOUNCMENT: We have had major success in Bitcoin and Cryptocurrencies the last few years, so we have spent alot of analysis on these markets. For those of you with no interest in Bitcoin, we have started a new Twitter where we will discuss just the stock, bond, and metal markets. Give us a follow at https://twitter.com/wyckoffonstocks if you have an interest. Also with our success of our Crypto Discord, we are entertaining the idea of starting …
The Wyckoff Wave Testing Support
The Wyckoff Wave ended the week slightly higher, after being up nicely coming into Friday. Volume was slightly lower for the week. The O-P was down for the week. The Force Index was also down slightly for the week. The Technometer is registering and oversold reading. The Wyckoff Wave was leading while the OP lagged, which lead to Friday’s big selloff.. The Wyckoff Wave traded higher for the week as expected. We wanted …
The Wyckoff Wave At Support
The Wyckoff Wave was down sharply for the week, before recovering most of the losses. Volume was higher especially coming off the lows Thursday/Friday. The O-P was down slightly for the week. The Force Index was also down slightly for the week. The Technometer is still trading at neutral. The OP and Wave are trading in lockstep. The Wyckoff Wave traded lower for the week as expected. We had thought we would once …