Menu
  • Home
  • Store
    • Wyckoff Course
    • Memberships
      • Pulse Of The Market Charting Membership
      • ProTraders Membership
      • Pro Traders Membership (Crypto Discord Members)
    • Courses
      • **Wyckoff Unleashed Official Online Course**
      • Wyckoff Unleashed Official Beginners Online Course
      • Introduction To Wyckoff
      • Cryptocurrency & Wyckoff
      • دورة المبتدئين العنان – Unleashed Beginners Online Course
      • Richard D. Wyckoff Tape Reading and Active Trading Course
      • Wyckoff Trading Techniques Online Course
      • “Pulse Of The Market” Charting Software
      • Wyckoff Unleashed Course (Installment Program)
    • EBooks
      • Studies In Stock Speculation
      • Original Wyckoff Stock Market Institute Course Ebook 1931
    • Wyckoff SMI Partners
      • ReadTheTicker
  • Library
  • Alumni
  • Blog
  • Affiliate
    • Affiliate Program Info
    • Affiliate Area

    Shopping Cart

    No products in the cart.

    Sign in Sign up

    Shopping Cart

    No products in the cart.

    • Home
    • Courses
      • Wyckoff Unleashed Official Online Course
      • Wyckoff Unleashed Official Beginners Online Course
      • Wyckoff Unleashed Official Online Course (Installment Program) 6 Payments
      • Introduction To Wyckoff Online Course
      • Trading Techniques Online Course
      • Richard D. Wyckoff Tape Reading and Active Trading Course
      • “Pulse Of The Market” Charting Software Online Course (Free)
    • Memberships
      • Charting Membership
      • ProTraders Membership
      • Pro Traders Membership (Crypto Discord Members)
    • Library
    • Alumni
    • Blog
    • Affiliate
      • Affiliate Program Info
      • Affiliate Area
    • Contact Us
    • Login
    • Register
    Home » Upthrust

    Tag: Upthrust

    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…

    Todd Butterfield September 29, 2019
    0 Comments

    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.…

    Todd Butterfield September 22, 2019
    0 Comments

    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…

    Todd Butterfield September 15, 2019
    0 Comments

    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…

    Todd Butterfield September 8, 2019
    0 Comments

    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…

    Todd Butterfield September 2, 2019
    0 Comments

    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…

    Todd Butterfield August 25, 2019
    0 Comments
    Load More
    © 2023 - Wyckoff SMI - Stock Market Technical Trading

    Forum Description

    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 to see further rally this week away from the spring we made at the 46,000 level.   We got that, and then had Friday's big down day on increased volume which was the beginning of the test of the spring. We have an oversold Technometer, so we would expect the selling to dry up early in the week, after testing the spring low.  Then we would expect another rally attempt.  The success of the will lay the groundwork for the next few months of trading.     The Wyckoff Wave Growth Index (WWG) once again traded lower for the week. We have had an oversold Technometer, but it has not lead to any strength.  We still have an oversold reading so possibly we can spring the lows of the previous weeks, and get the WWG back into rally mode.  Lets see how we trade Monday to determine if we can be long this market.   The SPY tried to rally early in the week as expected, but was met with heavy selling on Friday. Here as well we have an oversold Technometer, so we would expect continued rally attempts.   The bond market traded flat for the week. We almost have an overbought Technometer, so we think this market still is prone to a correction.  If stocks rally as expected, you should see selling in the bonds.   The GDX had a nice rally last week as expected.  We now have an extreme overbought Technometer, so we would move to the sidelines here, and look for a correction of  the large advance we have had.   The long dollar ETF, UUP traded higher for the week, until Friday's sharp reversal.  We gave a short sell in this market, and look for much lower prices.  If you want to get signals such as this, join our ProTraders.  https://wyckoffsmi.com/product/pro-traders-subscription/ IMPORTANT ANNOUNCEMENT:  Our "Pulse of The Market" charting software for Cryptocurrrencies is now working.  This software has consolidated volume for the Crypto's which is utmost important when applying Wyckoff Technical Analysis.   We are showing this software in use on our social media sites.  We have recently started a Discord channel where we discuss the Crypto markets.  We have had huge success and if you trade Bitcoin you might like monthy access at $40 a month.  https://www.patreon.com/LearnCrypto Due to the demand for Bitcoin/Cryptocurrency information and trading knowledge, we released a Cryptocurrency and Wyckoff Trading Course at our site, LearnCrypto.io   This course is being offered at an affordable $299.99.  We have had 960 students enroll since its launch on June 22, 2017.   On June 28th we added lessons detailing the OP, Force, and Technometer and how to use these Wyckoff Tools for analysis. If you are interested in Wyckoff stock chart analysis as well as Crptocurrency, search "Learn Crypto / Wyckoff SMI" or click this link https://www.youtube.com/channel/UCDxK2PwEDvoaHZgjPV_WgcA Please subscribe and click the bell to be notified of our upcoming broadcasts.   Our current schedule is Monday-Thursday approximately 6:30 p.m. CST, and they usually last approximately one hour.  We will also broadcast at additional random times since we want to satisfy our international subscribers as well.   If you would also like to follow us on twitter for news and trade ideas, follow "LearnCryptoShow", or "WyckoffonCrypto".   We have given numerous profitable trades to our subscribers on the Youtube channel, as well as Twitter.   Good Trading,

    Todd Butterfield

    Report

    There was a problem reporting this post.

    Block Member?

    Please confirm you want to block this member.

    You will no longer be able to:

    • See blocked member's posts
    • Mention this member in posts
    • Invite this member to groups
    • Message this member
    • Add this member as a connection

    Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

    Report

    You have already reported this .
    Clear Clear All