The SOW is the first proof that the decline has genuine engine power; the Last Point of Supply is the last practical high-quality short entry before the full mark-down begins. Covers: Prerequisite Context; L6B-7: Sign of Weakness (SOW); L6B-8: Last Point of Supply; The Sequence in Full.
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…
