Dr. Gary will conduct a free webinar on October 27, at 4:30 PM EDT (New York Time) on Wyckoff Point & Figure charting and review the current market. For details and register, click the link below: Free Webinar … [Read more...]
Market Action Today
Today's Market Action--Surprising? The market action this morning may have surprised some traders. We saw the market start to rally strongly after putting in the January 6th low. I had emails from more than one trader saying that this rally looks very similar to the push off the mid-December swing low. They argued for new highs. I have been doubtful about that. A few things … [Read more...]
More Downside in US Markets & Free Webinar
Free Webinar We will be having a free webinar tomorrow at 5:00 PM ET (New York Time). We will look at recent markets and discuss bar-by-bar chart reading, comparative strength and weakness in related markets to identify market turns, prime locations for trade entries, the 3-10 oscillator, market structure and the Weis Wave. There is a lot packed into this 45 minute event. Be … [Read more...]
Wyckoff Spring Lights Up Market
A Wyckoff Spring brought holiday cheer to the market today. Christmas came early as the first good trade against a reliable edge today lit up the market. Wyckoff Spring Entry After rallying above yesterday's high and the two-day high in the overnight market, the S&Ps hit a little selling around the 10:00 AM (Eastern Time) inflection point. The downside volume started … [Read more...]
Wyckoff Spring Lesson
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...]
