Last chance: tonight it is.  Starting at 8:00 PM Eastern Time, David Weis will present his Weis Wave indicator with complete details on how to trade it.  You can learn more about getting the plug-in and registering for the webinar (free with plug-in purchase) at this link:  Weis Wave Plug-In & Webinar Here is how David's Weis Wave performed so far today in the S&P … [Read more...]

Tomorrow night David Weis will be teaching his terrific adaptation of Richard Wyckoff’s Wave & Tape Reading Charts, known as the Weis Wave.  David, a 40-year student and master of the Wyckoff Method, has taken Wyckoff’s work and adapted it to the modern markets.  And what an adaptation it is!  Hands down, David’s Wave Chart is the most valuable trading tool I know.  More on … [Read more...]

Here is a 9000 Tick Chart of the S&P futures (ES).   Traders do best when they can track the progress of price and volume by each individual wave.  But, you can see in the lower panel that the volume as normally displayed is very difficult to read.  I like to use the David Weis's Wave Chart to track the market's progress on advances and rallies. A - Yesterday, the market … [Read more...]

Successful Short TradeOnly 2 Days Left! David Weis, a 40-year advanced student and expert in the Wyckoff Method, is releasing his Weis Wave indicator for the modern Wyckoff trader!   Based on Wyckoff Tape Reading Derived from Richard Wyckoff’s excellent Tape Reading techniques, David’s sophisticated personal research led him to develop the Weis Wave. The Weis Wave takes … [Read more...]

I have gotten several emails asking about last week's market action and whether we have seen a Selling Climax. Selling Climax A Selling Climax was first described by Richard Wykoff in the first decades of the 20th Century.  It occurs after a market has been trending down and suddenly, the market falls precipitously.  It is a scary time and the sudden fall causes large numbers … [Read more...]