Presented below, analysis of the Russell 2000 all-time high reversal posted on June 27th, 2015.

It’s a representative example of modeling the Wyckoff technique.

Russell 2000 All-Time High Reversal: Probability

The list and chart:

Now, for the result.

The chart below encapsulates the research and trading objectives posted on this site.

That is, determine what’s going to happen in a big way; then ‘get right and sit tight’ (attributed to Livermore).

Russell 2000 All-Time High Reversal: Actual

Note what’s in the chart and what’s not.

Is There:

Fibonacci time sequence

Support/Resistance

Price bar, and volume

Trendlines

Empirical data (Holiday Turns)

Experience and intuition … which can’t be quantified

Not There:

What the Fed is doing

Any government data of any kind

Earnings forecasts or actualities

P/E ratios or any other ‘valuation’

Target Audience:

Posts on this site are intended for the experienced market participant (or, seeking to become one) that has moved past the usual suspects of financial distraction(s), i.e., mainstream news, earnings reports, ‘valuations’, and forecasts.

The example above is proof in itself; Wyckoff method focuses strictly on ‘what the market is saying about itself.’

Stay Tuned

Charts by StockCharts, TC2000

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