Wyckoff Schematics Visual Templates For Market Timing Decisions
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Wyckoff Schematics: Visual templates formarket timing decisionsBy Hank Pruden and Max von LichtensteinIntroductionThis article will explain and discuss applications of the Three Schematicsused in the Wyckoff Method of Technical Analysis. It will build upon andextend the “Wyckoff Laws and Tests” article that appeared in the STA’sjournal in November 2004 (Issue No 51).
That article examined the firstpart of the Wyckoff Equation – the analytical, digital half which consists of“check lists” for the “three laws” and “nine tests”. The Wyckoff Schematicswill complete the Wyckoff picture by introducing students of technicalanalysis to the visual half of the Wyckoff equation.For each of the three Schematics.
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