Category Archives: Wyckoff

Spotify … Short Targets

February 10, 2026 By in Retail Investor, SPOT, Wyckoff, ZeroHedge 2 Comments

Dip, or Squeeze?

Spotify’s earnings release, coincided with a (supposedly) massive ‘retail’ buying spree, link here.

The article says it’s retail causing the launch; comment’s section, says otherwise.

From a Wyckoff analysis perspective, it doesn’t matter who’s doing the buying or why.

What matters, is what the market is saying about itself.

Spotify SPOT, Daily

As this link says, there’s not much sold short … less than 3% of float.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

DoorDash, Rally into Earnings?

February 7, 2026 By in AMZN, BALL, CPAY, DASH, DASH-26-01, DVA, ORLY, Wyckoff Leave a comment

‘Spring’ Position

DoorDash, has been traded once to the short side this year: DASH-26-01.

That trade was closed out (covered) on January 12th, profit of 7.58%.

Note, from the link above, after January 7th, and the ‘test’, price action began an immediate decline, to now.

An error on the trade, was not maintaining the position, and closing out this past Friday 🙂

At this point, we’ve penetrated support, now in Wyckoff ‘spring’ position.

Spring position does not guarantee a rally. It just means the market may attempt to move higher and take out any shorts late to the party (not advice, not a recommendation).

DoorDash DASH, Daily

Earnings release, February 18th, after the close.

As we’ve seen with the Amazon and O’Reilly collapse, Ball Corp., CorPay Inc., DaVita HealthCare launch (and others), response to earnings are all over the map.

There’s no telling what’s going to happen with earnings and DASH (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Carvana, CrowdStrike, Cadence

January 31, 2026 By in CDNS, CRWD, CVNA, Spring-to-Up-Thrust, Wyckoff

Earnings, late February, early March

Earning release for CVNA, CRWD, and CDNS, are scheduled here, here and here.

All three charts are in the same, or similar position.

Q: Anyone know?

A: Recently penetrated support or are testing that penetration.

Technically speaking, they’re all in Wyckoff ‘spring’ position (not advice, not a recommendation).

Chart analysis to follow.

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Carvana … The Day After

January 29, 2026 By in CVNA, Spring-to-Up-Thrust, Up-Thrust, Wyckoff

Now, It’s Ready for New Highs?

Figuring out Carvana’s price action, can turn you into a nervous wreck. 🙂

The latest mortar lobbed at CVNA, was this report; yet again, the ‘fundamentals’ are interesting.

As the mid-session update said yesterday:

“It’s possible there might be higher action (staying below the session high) into, during, or just after the Fed announcement (not advice, not a recommendation).”

CVNA, continued on lower to penetrate support levels of January 2nd, this year.

After that, was a rebound into the close.

Wyckoff ‘Spring’ Position

With support penetration, rebound higher including today’s action, we’re in Wyckoff ‘spring’ position.

Now, comes the interesting part.

It’s possible, CVNA could move on to a repeating set-up, posting new all-time highs (not advice, not a recommendation).

Carvana CVNA, Daily

Note the massive down-thrust energy. This is possibly the largest ever, for CVNA (data going back to 2/12/20).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

DoorDash … Reversal Update

January 7, 2026 By in Bert Dohmen, DASH, DASH-25-01, DASH-26-01, David Weis, Wyckoff 2 Comments

Volume Clues

First time coverage on resistance and (potential) downside reversal on DASH, was here.

At this juncture, DASH gives us a volume clue.

Bert Dohmen commented in recent interviews, that ‘no one looks at volume’.

He (Dohmen) thinks it’s important as did Wyckoff and David Weis; covered on this DVD.

Today’s action stalled at resistance (blue line).

Volume compared to the prior session, contracted by -32.61%, or –33%.

We can see, there’s not a lot of distance to confirm a reversal (down) or continuation to the upside (not advice, not a recommendation).

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Biotech … The Set-Up

December 23, 2025 By in Biotech, LABD, Wyckoff, David Weis, SPBIO, Spring-to-Up-Thrust, $SPSIBI, XBI, LABD-25-22

Repeating Pattern

The last update on biotech, XBI was here.

Price action went on to post a new high and, in the process, may have completed a repeating pattern set-up:

Spring-to-Up-Thrust, link here.

The indication is subtle.

There’s no doubt we’re at the very edge of the lake as Wyckoff (and Weis) used to call it.

However, this is also the point where the risk (for a short) is least (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Nat-Gas … Crash, then, Bounce

December 17, 2025 By in Natural Gas, UNG, UNG-25-02, Wyckoff

Penetrates Support, Spring Condition

Nat-Gas UNG dropped nearly -30% from the December 5th, 17.00 high, to yesterday’s low of 11.92.

Today was a bounce and by the close, UNG was up +4.46%

Note that yesterday’s low was a Fibonacci eight-days from the December 5th, high.

It was also below support, putting it in Wyckoff ‘spring’ position (not advice, not a recommendation).

Natural Gas UNG, Daily

After the up-thrust high, UNG essentially went straight down without even a hint of any upside test.

It’s not often UNG, posts an eight-day decline of -30% or more. The last such streak was back in November of 2022; from 11/22, to 12/5, of that year.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

AutoZone ‘Crash’

December 14, 2025 By in AZO, Wyckoff

Wide, High-Volume Bar

AutoZone’s down -21.48% from all-time highs with -13.78% of that, in just December, alone.

Price action posted a wide, high-volume bar on earnings, that ‘missed’.

What we’re looking for now, is a test of that wide bar; then, to see if AZO rolls over into a (sustained) decline, or if that was the end of the current down move (not advice, not a recommendation).

AutoZone AZO, Daily

At this point, there’s been no follow-through after hitting support which suggests there could be a ‘spring’ attempt.

On a weekly basis (not shown), the downthrust energy Force Index, was the second highest ever, for AZO.

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver … Targets and Projections

December 13, 2025 By in Gold & Silver, Livermore, SLV, Up-Thrust, Wyckoff 1 Comment

Does The ‘Correction’, Start Now?

More than a few ‘engineering’ types trading the market, will talk about getting over the need to know, ‘why’.

Why does Fibonacci work?

Why does price action alternate?

Why is the market moving, or not moving; why, why, why?

Marsha, Marsha, Marsha

The media of course, wants everyone to focus on why.

If you’re focused on why, then you’re at least two steps removed from the truth.

Asking the wrong question (why) and then, looking for the wrong answer.

Both Livermore and Wyckoff, did not concern themselves with ‘why’ … but ‘what’?

With that said, let’s take a look at ‘what’s’ going on with silver, SLV.

Silver SLV, Daily Close

Shown, are the lows of August 2020 to last Friday’s close.

A whole week of updates (maybe more) could be spent on this one chart: there’s that much going on.

We have Wyckoff springs, up-thrusts, price action alternation, Fibonacci levels, time correlations, volume spikes, and the list goes on.

For today however, the main take-away is that Friday was outside-down (key reversal) on heavy volume.

That reversal (so far) took place at the exact 261.8%, Fibonacci projection (not advice, not a recommendation).

As said in yesterday’s update, we could also be in a new paradigm where silver just keeps on going.

Next upside Fibonacci projection (423.6%) is near 83.50.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Anatomy of a Reversal

December 11, 2025 By in $SPSIBI, Biotech, LABD, LABD-25-20, SPBIO, Up-Thrust, Wyckoff, XBI 1 Comment

Wyckoff Schematic

An excellent schematic tutorial on Wyckoff, can be found here.

Going to the link, scrolling down to ‘Distribution’, we have a schematic that includes the notation “UTAD”.

UTAD, stands for, Upthrust After Distribution.

The accompanying text for the schematic indicates the distribution has already taken place; UTAD, is essentially a ‘last gasp’ to see if there’s any more demand.

A fascinating question would be, ‘Was the heavy volume associated with this update an indication of distribution?’

Does that mean the subsequent blip higher in this update, was essentially UTAD?

Biotech XBI, Hourly

The heavy volume (potential) distribution is noted.

If this is a correct view of XBI, then right now, it’s at The Danger Point®; where risk on a short is least (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279