The Wyckoff Spring is difficult to trade when the market is falling like it did today," wrote one trader in an email after the close. He asked, “How do you do it?” The Wyckoff Spring is one of my “bread & butter” trades. I look for them all the time. In the few markets I trade, I know there will be at least 2-3 Wyckoff Springs setting up each week in each market. It’s a … [Read more...]
A Wyckoff Spring?
"Is this a Wyckoff Spring?" a trader asked about today's trading in an email. The market fell sharply lower, then quickly rallied to close near its highs. As it did so, it created a Wyckoff Spring. The Wyckoff Spring is a setup that occurs when a market dips underneath its last swing low, turns around, and then rallies to close back above the swing low. (You can find more … [Read more...]
Trading the S&Ps After the Holiday
Overview: Trading the S&Ps After the Holiday Trading the S&Ps after the holiday can present its own challenges and this year is no different. The charts this week show an interesting pattern. Although we are in a bullish holiday period, the monthly and weekly are both a bit overbought. We can expect a pullback on these time frames at some point. The daily is starting to … [Read more...]
A Look at Today’s Trading in the S&P E-mini Futures
Another all-time intraday high (2073.00) was made in trading the S&P e-mini futures today. Below, we look at trading the S&P e-mini futures today with two trades that occured in what was otherwise a pretty range-bound trading day. Special Note We have put all our video tutorials on sale at a discount of 30%. This is the deepest discount we have ever offered. Use the … [Read more...]
Stock Market Analysis & Free Webinar!
Stock Market Analysis: Friday's Trading Action In last week's stock market analysis, we expected to end on a positive note and we did. The week closed on a new high. Prior to Friday's trading, we indicated that support would likely come in around the 1220 level, and we saw the market make its low of the day at 1220.50. This low set up a solid Wyckoff Spring trade (lower … [Read more...]
