Wyckoff Deep Dive
Five Technical Positions
The Five Technical Positions are the formal output vocabulary of the Wyckoff analytical system. Every chart reading — no matter how elaborate the analysis — must ultimately resolve to one of five posi…
Wyckoff Deep Dive
Wyckoff Deep Dive
Level 5 - Market Maneuvers: Course Index
All posts in Level 5 - Market Maneuvers. Named events at phase transition points.
Wyckoff Deep Dive
Opening Maneuvers - Bullish
These four maneuvers form the opening sequence of every accumulation phase (Phase I). They are the events that establish where accumulation begins, define the boundaries of the emerging trading range,…
Wyckoff Deep Dive
Shake-Out and Spring
These three maneuvers share a common structure - a sharp, rapid thrust below the known support of an accumulation range, immediately followed by a recovery. They are grouped because the underlying mec…
Wyckoff Deep Dive
Springboard
The Springboard is the one Wyckoff maneuver concept that is not defined by a single dramatic event. It is a condition - a state of the market in which:
Wyckoff Deep Dive
Sign of Strength and Last Point of Support
The Sign of Strength and the Last Point of Support are the transition maneuvers that bridge the end of accumulation (Phase I) and the beginning of sustained mark-up (Phase II). They are treated togeth…
Wyckoff Deep Dive
Opening Maneuvers - Bearish
These four maneuvers are the exact mirror image of the bullish opening sequence (L5A-1 through L5A-4), applied to the beginning of a distribution phase. They are treated together for the same reason a…
Wyckoff Deep Dive
Up-Thrust and Up-Thrust After Distribution
The Up-Thrust and the Up-Thrust After Distribution (UTAD) are the precise bearish mirror images of the Ordinary Shake-Out and Terminal Shake-Out. Where shake-outs probe below accumulation support to f…
Wyckoff Deep Dive
Sign of Weakness and Last Point of Supply
The Sign of Weakness (SOW) and the Last Point of Supply (LPSY) are the bearish mirror images of the Sign of Strength (SOS) and the Last Point of Support (LPS). They serve identical structural roles in…
Wyckoff Deep Dive
Refinements
"Refinements" is Wyckoff's term for four advanced pattern distinctions that operate as quality filters on top of all prior analysis. They are called refinements because:
Wyckoff Deep Dive
Level 6 - Phase Structures: Course Index
All posts in Level 6 - Phase Structures. The complete multi-event formations: Accumulation, Mark-Up, Re-Accumulation, Distribution, Mark-Down, and Re-Distributio…
Wyckoff Deep Dive
Accumulation
This is the complete deep-dive treatment of Accumulation - Phase I of the Wyckoff market cycle. Accumulation is the process by which large operators acquire a large line of stock at the lowest possibl…