The Wyckoff Wave Continues The Correction

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave continued probing lower levels of this volatile correction.  Volume has increased as well on the selloff. The Technometer reached oversold levels on Mondays sharp selloff but relieved the condition somewhat as the week progressed. For the week the S&P was down 5.18%, and the Nasdaq 5.06%.   The Wave spent the week continuing to correct the early gains of 2018, and taking the major market averages negative for the …

The Wyckoff Wave Begins A Correction

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave traded lower breaking its accelerated uptrend.  Volume was average but with an increase on Friday’s sharp selloff. The Technometer is trading oversold. For the week the S&P was down 3.83%, and the Nasdaq 3.53%.   The Wave spent the week correcting its gains of 2018. The O-P has returned to trading in correlation to the Wyckoff Wave and spent the week correcting as well. The Force Index continues to …

The Wyckoff Wave Continuing to Digest Its Gains

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave trade sideways to digest its recent gains.  Volume was slightly lower from the previous week. The Technometer is trading slightly above neutral. For the week the S&P was up 2.21%, and the Nasdaq 2.30%.   The Wave spent the week trading sideways within the confines of its recent accelerated uptrend channel. The O-P has returned to trading in correlation to the Wyckoff Wave and spent the week trading sideways …

The Wyckoff Wave Digesting Its Recent Gains

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave consolidated its recent strong gains.  Volume increased from previous weeks. The Technometer is trading slightly below neutral. For the week the S&P was up .96%, and the Nasdaq 1.03%.   The Wave spent the week trading sideways in a larger range then recent weeks. The O-P has returned to trading in correlation to the Wyckoff Wave. The Force Index continues to show relative weakness to the Wave and applying …

The Wyckoff Wave Continues its Rally

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave traded sharply higher again.  Volume was at average levels of recent weeks. The Technometer is trading slightly above neutral, after reaching overbought a week ago. For the week the S&P was up 1.57%, and the Nasdaq 1.75%.   The Wave spent the week adding to previous weeks gains. The O-P has returned to new highs as well erasing the divergence we spoke of on last update. A divergence which …

The Wyckoff Wave Short Term Correction Beginning?

Todd Butterfield Week In Review 0 Comments

This past holiday shortened week the Wyckoff Wave traded basically unchanged.  Volume was at holiday levels and the slowest of recent weeks. The Technometer is trading slightly below the overbought level, after reaching overbought in Thursday’s trading. For the week the S&P was down .37%, and the Nasdaq .80%.   The Wave spent the week trying to add to previous weeks gains, but encountered selling on the last trading day of the year. The O-P …

The Wyckoff Wave Trading Above the Overbought Line of the Long Term Uptrend

Todd Butterfield Week In Review 0 Comments

I apologize for missing last weeks “Week In Review” as I was very sick.   This past week the Wyckoff Wave experienced another week of gains.  Volume was at the low end of average with a pickup into Friday’s expiration. The Technometer is trading slightly below the neutral level. For the week the S&P was up .91%, and the Nasdaq 1.38%.   The Wave spent the week continuing to add to the gains of this long …

The Wyckoff Wave Meeting Resistance at Overbought Line of Uptrend

Todd Butterfield Week In Review 0 Comments

Do not continue to miss out on the extraordinary opportunities that present themselves in the Cryptocurrency Markets.  We have tried to get as many Wyckoff students over to this exciting area as possible.    This past week the Wyckoff Wave experienced a week of nice gains.  Volume picked up after last week’s holiday trading. The Technometer is now trading at an overbought level. For the week the S&P was up 1.4%, and the Nasdaq down …

The Wyckoff Wave Continuing to Trade in a Narrow Range

Todd Butterfield Week In Review 0 Comments

We had a holiday sale on our Cryptocurrency and Wyckoff Course at LearnCrypto.io  Use code “Thanksgiving” at checkout to receive $100 off to reduce it to an affordable $199.  This sale lasts till Monday night, and the last chance to get this excellent course before a price increase.  Students can also get our soon to release “Pulse of the Market” software for Crypto’s at half price versus non students.  So enroll now!! We also have 20% …

The Wyckoff Wave Continuing to Trade in a Narrow Range

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave experienced a slight net gain.  Volume was heavy on Monday/Tuesday and then fell back to more recent normal levels. The Technometer is trading slightly above neutral levels. For the week the S&P was down .15%, and the Nasdaq up .44   The Wave spent the early part of the week trying the downside, before springing the bottom of the recent trading range.  It then rallied strongly on Thursday, before …

The Wyckoff Wave Correcting From Top of Trend Channel

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave experienced a slight downtown in prices.  Volume was comparable to last weeks. The Technometer is now trading back below neutral levels. The S&P and Nasdaq was both down approximately .20% for the week.   The Wave rallied tried to rally early in the week, but as expected, the overbought Technometer kept a lid on the rally.  The O-P failed to rally early in the week with the Wave (you …

The Wyckoff Wave Still Locked In a Narrow Range

Todd Butterfield Week In Review 0 Comments

This past week the Wyckoff Wave experienced very little price movement.  Volume was also much lower this week when compared to the previous week. The Technometer is now trading close to overbought levels. The S&P was up .23%, and the Nasdaq was up over .93% for the week. The Wave rallied slightly into Thursday but could not continue higher, and closed slightly lower on Friday.    The O-P trended higher for the week and brought …