The Wyckoff Wave Up Slightly For The Week

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave slowed its advance and was up only slightly for the week.  Volume was at average levels. The O-P was also up for the week. The Force Index flat for the week. The Technometer reading is slightly above neutral.   The OP and Wyckoff Wave is showing no major divergences or inharmonious action for the past week.   We were expecting the Wave to experience a correction the last couple weeks but its …

The Wyckoff Wave Continues Its Rally Off The Lows

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave continued its rally of the last month.  Volume has not been impressive on the rally. The O-P was also up for the week. The Force Index flat for the week. The Technometer is overbought.   The OP and Wyckoff Wave is showing no major divergences or inharmonious action for the past week.   We was expecting the Wave to begin a correction this past week.  We did get an overbought Technometer this …

The Wyckoff Wave Extended Its Gains

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave continued its rally of the last 3 weeks.  Volume was not impressive on the rally. The O-P was up slightly for the week. The Force Index rallied for the week as well. The Technometer is not yet overbought.   The OP and Wyckoff Wave is showing no major divergences or inharmonious action.   We was expecting further strength this past week, and that possibly leading to the Technometer registering an overbought condition.  …

The Wyckoff Wave Continued Its Recovery As Expected

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave continued its rebound off of recent oversold levels.  Volume was lower for the holiday period. The O-P was up slightly for the week. The Force Index rallied for the week as well. The Technometer is still trading above neutral, but not overbought.   The OP showed some slight outperformance to the upside this past week, but nothing to warrant any trades.   We was expecting further strength this past week, and that …

The Wyckoff Wave Rebounded As Called For

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave rebounded this week as we had expected.  Volume was lower for the holiday period. The O-P also rallied for the week. The Force Index rallied for the week as well. The Technometer is trading above neutral.   The OP rallied in lockstep with the Wyckoff Wave this past week.  No divergences to report.   We was looking for a short term low when the week began.  We was looking for those stocks …