WyckoffStockMarketInstitute

WyckoffStockMarketInstitute

As you can see when our Wyckoff Technometer registers oversold with a reading below 38 as marked with green highlights, it normally provides an excellent entry point. Once again we are at .50 retracement of the previous rally, and a nice entry level.

WyckoffStockMarketInstitute

Crude Oil is trying to breakout short term here, after a bullish divergence between price and volume as marked with green arrows. We like it here, with a trailing stop. DYOR

WyckoffStockMarketInstitute

COIN had a Wyckoff accumulation phase, and appears to be completing a normal retracement in a new uptrend. Would like to see our Technometer get closer to oversold in the coming days, to give us a solid BUY entry.

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WyckoffStockMarketInstitute

We show why our proprietary indicator is much better than a normal On Balance Volume indicator, by showing three recent chart points where our indicator warned you of an possible trade, where as the On Balance Volume did not. We are launching a suite of Wyckoff indicators here on TradingView in the coming days that will be Invite-Only but very affordable.

WyckoffStockMarketInstitute

In the recent bull run, any Wyckoff SMI Technometer reading 36 or below, has been nice entry point for long positions. We are waiting for another one now....