On Friday all the 4 indices had a strong rebound off the oversold condition. This is significant not because of the magnitude of the rally, but the market breadth because the difference between the ...
Here is where the stock market could be heading according to the Wyckoff method together with the price target projection using Point and Figure chart. Watch the video below and pay attention to how ...
Markets rarely move in straight lines. Instead, they spend long stretches trading sideways in what Wyckoff described as accumulation (when large players are building long positions) or distribution ...
If you like drawing lines on charts you’ll find a soul mate in David H. Weis, author of Trades About to Happen: A Modern Adaptation of the Wyckoff Method (Wiley, 2013). As he writes, “I cannot stress ...
Among the 4 US major indices, Russell 2000 (RTY) is the worst-performing where it corrected 20% from the peak in November 2021 and broke below the major support level near 2100. From Wyckoff trading ...
Microsoft Corporation (MSFT) is an information technology conglomerate that provides various popular software products, operating systems, gaming hardware, personal computers, cloud computing ...