bhashyandchenoth

bhashyandchenoth

Richard Wyckoff noted that small investors often found themselves at a disadvantage and were frequently outmaneuvered in the markets. To address this, he committed himself to educating the average investor about the inner workings of the markets, as exploited by influential players, or the “smart money.” In the 1930s, he established an educational institution,...

bhashyandchenoth

Market is accumulating get ready for the uptrend. The Wyckoff market cycle phases are accumulation, markup, distribution, and markdown. Essentially, the phases represent the behavior of traders and can reveal the direction of a stock’s future price movement. Generally speaking, the accumulation phase forms as institutional investors increase their buying and...