Wave Chart and the Four Basic Analytical Factors
The Wave Chart and Four Basic Factors form the foundation of every analytical judgment. How the instruments of Wyckoff analysis are constructed, calibrated, and read for evidence of operator intent.
The Wave Chart and Four Basic Factors form the foundation of every analytical judgment. How the instruments of Wyckoff analysis are constructed, calibrated, and read for evidence of operator intent.
Wyckoff's method rests on four axioms that cannot be bypassed without corrupting everything above them. What counts as valid evidence, what must be ignored, and why those rules are unconditional.
Supply, demand, and cause-and-effect are not concepts -- they are measurable forces visible in price and volume. How each law operates and why violating any one makes campaign reading impossible.
Before price or volume can be read, the market must be organized into units that carry meaning. The mental models -- Composite Operator, trend channels, market position -- that make the tape legible.
Trend channels define the geometry of a campaign. Stride lines, overbought and oversold positions, hinge formations, and how price geometry determines both entry timing and danger zones.