New All-Time Highs The S&P 500 index, as represented by the S&P e-Mini futures, hit all-time highs this morning. I noted in my last post that should the market push higher and make new all-time highs, 3200 was the logical target. (You can read that post here: last week’s post.) On all major time frames (monthly, weekly & daily), 3200 is near or at the top of … [Read more...]
Trading the Wyckoff Method
Trading the Wyckoff Method: Today's S&Ps Last night, we held a seminar on trading the Wyckoff Method focusing on the signs of strength and signs of weakness. We incorporated Tom Williams’s work on the SOS and SOW and my work on coordinating these with multiple time frames. It was a terrific group of traders, asking incisive questions about the material. We went on for … [Read more...]
Trading Wyckoff Springs
Trading Wyckoff Springs We love trading Wyckoff Springs. In the right market context, they are my 'bread & butter' trades. Wyckoff Springs graphically represent a stark imbalance in the supply - demand equation always operating in the market. After reaching a low, as at A, the market rallies and then returns to the 'scene of supply' by revisiting that area on a push … [Read more...]
