The Wyckoff Wave Found Support At The Bottom Of The Range As Expected

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was up sharply for the week after a gap down opening on Monday.  Volume was average. The O-P was also up sharply for the week. The Force Index was flat for the week. The Technometer is now back to overbought after last weeks oversold reading.   The Wave and OP moved in unison last week.   The Wyckoff Wave tested the support at 47,000 we have been anticipating and rallied nicely off …

The Wyckoff Wave Nearing The Bottom Of The Range As Expected

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave was down for the week on average volume. The O-P was also down for the week. The Force Index was down slightly for the week. The Technometer was registered an oversold reading on Friday.   The Wave and OP both hit new lows at the end of the week, so somewhat moving in lockstep.   The Wyckoff Wave has finally made its way to near the bottom of its trading range that …