What is the Wyckoff Theory? The Richard Wyckoff Theory of accumulation and distribution focuses on supply and demand for a stock, the cause and effect, and the law of effort for a stock. It tries to measure and quantify whether a stock chart is being bought and held to create an uptrend or systematically sold […]
This is a Guest Post by Jake @TrendSpider. In this weekend’s analysis, we take a look at the broad market ETF daily Raindrop Charts (TM) and weekly hollow candles into the third week of July as the market looks to be melting up. To learn more about Raindrop charts and the platform in general, make sure
$SPY Chart Trend Lines: Daily Break Out Versus Weekly Resistance Read More »
This is a Guest Post by @TrendSpider and originally appeared on their TrendSpider Blog. Of all the ideas and strategies that have evolved throughout the history of trading, the trend has been the one that has stood the test of time. It is unclear who first said it, but “The Trend is Your Friend” has
How to Draw a Trendline On A Chart Read More »