Was it a Wyckoff Spring? Was it a Wyckoff Spring? That was the discussion in yesterday's post. Because of the combination of Wyckoff principles that were setting up in the structure of the market, I expressed doubt that yesterday's daily trading action in the S&P e-minis represented a sound Wyckoff Spring. Those doubts were confirmed today in spades as you can see on the … [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...]
Cyber Monday 30% Off
Our 30% off sale extends through Cyber Monday. All of our video tutorials for chart reading and trading psychology are at a 30% discount. This is the largest saving we offer all year. If you have been thinking about one or more of our highly-rated tutorials, now would be a good time to secure them as you will not see this discount again for at least another year. You do need … [Read more...]
Happy Thanksgiving!
Happy Thanksgiving Wild turkeys like this one come through our area almost daily. It's not unusual during the middle of a trade for Asta to sound the alarm that the turkeys are attacking the home front! We are constantly reminded of Thanksgiving, which is a good thing. Helen and I are so grateful for the friends we have made through this on-line world. We both extend a wish … [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...]