Phase II of the market cycle: the advancing phase from accumulation breakout through sustained higher highs and higher lows, releasing the stored demand force of accumulation and carrying price toward the distribution objective. Covers: First Principles -- What Mark-Up Is; The Physics of Mark-Up --
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…
