The Wyckoff Wave Stuck at Bottom Of Recent Range

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave mostly sideways with some weakness into Friday’s close.  Again, not the type of action we would expect after a successful test of a spring, so recent action is discouraging for the bulls.   The tests were not of high quality as volume has actually increased on the tests.  So this leaves us vulnerable to a breakout to the downside.   Volume was slightly higher for the week. The Technometer began the …

The Wyckoff Wave Still Trading Near Bottom Of Recent Range

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave traded lower on Monday to continue testing the previous spring position.  It then rallied strongly Tuesday, but then spent the rest of the week trading sideways.  Not the type of action we would expect after a successful test of a spring.   The test was not of high quality as volume was not decreased versus the spring, so maybe we will test the low a few more days before experiencing …

The Wyckoff Wave Still Holding Support At Bottom Of The Recent Range

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave traded both sides of unchanged and finished the week with a sharp correction.  The deeply oversold Technometer and the support of 51,000 has lead to the recent sideways trading.  We would have liked to seen more strength off of these indications, so we are concerned with the coming weeks trading.  Volume was slightly lower for the week. The Technometer began the week at slightly below neutral levels, and finished …

The Wyckoff Wave Found Support At Bottom Of Range

Todd Butterfield Week In Review 0 Comments

Hope Everyone had  a Safe and Enjoyable Easter!! If you are interested in purchasing our Cryptocurrency and Wyckoff Course at LearnCrypto.io – please use code “easter” to receive $75 dollars  off the stated $299 price. This past week the Wyckoff Wave started the week trading higher as expected.  This was off of the indications of the previous support at 51,000, and a deeply oversold Technometer.  We only managed to trade sideways thus far, after experiencing …

The Wyckoff Wave Leaves Apex to the Downside

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave started the week trading higher as expected.  Then we had a rally that failed Wednesday as the Technometer was getting close to overbought again.  This was a possible warning that the rally was not on a strong foundation.   Sharp selling came in Thursday morning with continued selling Friday.   Volume was slightly higher for the week. The Technometer began the week at neutral levels, and finished the week oversold. For …

The Wyckoff Wave Still Trading Range Bound

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave started the week trading slightly higher, then had sharp selloff into Thursday.  It then rallied slightly Thursday/Friday to end the week lower.   Volume was at recent levels except for the sharp increase for Friday expiration. The Technometer began the week at overbought levels, and finished the week near neutral. For the week the S&P was down 1.24%, and the Nasdaq 1.04%.   The Wave is continuing to trade with …

The Wyckoff Wave Trading Range Bound

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave started the week trading sharply higher om Monday, a brief correction Tuesday/Wednesday, and then added to the weeks gains with a strong rally to finish the week.  Volume was at decreased levels for the week. The Technometer began the week at oversold levels, and finished the week near overbought levels. For the week the S&P was up 3.53%, and the Nasdaq 4.17%.   The Wave is continuing to trade …