The Wyckoff Wave still trading constructive for further advance

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded slighlty lower this past week.  Volume was slightly lower for the week as well. The O-P continues to underperform on the upside.  The O-P traded for a new low versus the late June lows, while price is still holding higher.  This could be a bullish divergence so we want to watch this in coming days.  If volume would come in off these lows we could see the WW respond nicely to …

The Wyckoff Wave still trading constructive for further advance

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded sideways this past week.  Volume was slightly higher for the week. The O-P continues to underperform on the upside.  We have low volume levels, and no buy volume to help the rallies. The Force Index declined slightly for the week. The Technometer closed the week slightly below neutral.   The intraday chart for last week shows slight under performance of the OP versus the Wyckoff Wave (WW).   The OP will need …

The Wyckoff Wave appears to be able to continue its rally

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave did extend its recent rally as expected this past week.  Volume continues to be in the summer doldrums and trading at reduced levels. The O-P continues to underperform on the upside.  We have low volume levels, and no buy volume to help the rallies. The Force Index rallied slightly for the week which has allowed the Wave to try and continue higher. The Technometer closed the week slightly above neutral.     …

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Todd Butterfield Blog, Week In Review 0 Comments

At various times we are doing short recorded videos on our analysis of the Wyckoff Wave and various stocks.  Please subscribe to our channel if you have an interest in being notified when these are recorded. We have had almost 1,000 students that have taken our Cryptocurrencies and Wyckoff course, so we also do numerous videos for them on the channel as well. We also go live Monday-Thursday at 6:30 CST, but most of the …

The Wyckoff Wave Should Extend Last Weeks Rally

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave traded sideways all week, but closed at its highest levels in the last two weeks at Friday’s close.  We closed the week slightly higher on reduced volume. The O-P had been slightly weaker than the Wave on the mid month rally, as well as the recent selloff.  The O-P in the last two weeks has been trading sideways in step with the Wyckoff Wave. The Force Index rallied slightly for the week …

The Wyckoff Wave Making Short Term Low?

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave experienced a selloff on Monday, then spent the rest of the week trying to recover the losses.  We closed the week down slightly on slightly higher volume. The O-P had been slightly weaker than the Wave on the mid month rally, as well as the recent selloff.  The O-P once again closed at a new low for the move on Friday, while the Wave held above its lows for the week.   This …

The Wyckoff Wave Making Short Term Low?

Todd Butterfield Week In Review 0 Comments

STILL HAVE 24 HOURS TO GET 25% OFF THE WYCKOFF UNLEASHED ONLINE COURSE.  USE CODE “Todd25Off” AT CHECKOUT   The Wyckoff Wave experienced a selloff beginning the week, then traded sideways to end the week.  We had expected a low to form and test the recent highs again.  We are still of this opinion. The O-P had been slightly weaker than the Wave on the mid month rally, as well as the recent selloff.  The …

The Wyckoff Wave Oversold on the Technometer

Todd Butterfield Week In Review 0 Comments

The Wyckoff Wave experienced a slight selloff in the latter part of the week.  We had mentioned if this occurred the Technometer would become oversold and give us another opportunity to rally.   It did just that and began to rally off of Friday’s intraday low.  Volume was higher on the selloff due to the Fed speak. The O-P has been slightly weaker than the Wave on last weeks rally, as well as the selloff into …

The Wyckoff Wave still trading near overbought line of uptrend…

Todd Butterfield Week In Review 0 Comments

WE ARE CONTINUING TO HAVE CHARTING ISSUES.  WE NORMALLY RELEASE THESE “WEEK IN REVIEWS” ON SUNDAY EVENINGS.  HOPEFULLY WE WILL GET BACK TO NORMAL SCHEDULE.   The Wyckoff Wave has continued to try and reach the overbought line of the recent uptrend as mentioned on our last update.   Volume has been average to slightly lower on this rally. The recent action still appears positive.  Anymore selloff in the Wave and the Technometer will probably once …

The Wyckoff Wave headed to overbought line of uptrend…

Todd Butterfield Week In Review 0 Comments

WE APOLOGIZE FOR THE LACK OF UPDATES RECENTLY.  WE HAD SOFTWARE API ISSUES WHICH ARE NOW FIXED….. The Wyckoff Wave had a slight pullback last week and gave us a good entry point as marked on the following Daily chart.  Volume has been slightly lower on this rally since bottoming out at the blue circle. The Technometer began the week at oversold levels, which has allowed the rally of the last four days.  This is …