Deliberate or speculative probes above the distribution resistance that fail to hold, confirming supply and completing the trap for longs and short-coverers. Covers: Prerequisite Context; The Core Mechanism: The Trap; L6B-5: Up-Thrust (UT); L6B-6: Up-Thrust After Distribution.
A complete structured course in Wyckoff's method of tape reading, from first principles through execution philosophy.
All posts in Level 1 - The Axiom. The single founding premise from which all Wyckoff analysis flows: the tape is a complete and sufficient record of suppl…
All supply and demand information relevant to price is already recorded in price and volume. Covers: Wyckoff's Precise Statement of the Axiom; The Mechanism: Why the Tape Is Complete; What the Axiom Requires From the Analyst; The Business Structure That Produces the Tape.
All posts in Level 2 - Governing Laws. The three universal laws that govern every price movement in every market: Supply & Demand, Cause & Effect, and Effort v…
