Uptrend Under Pressure 93
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 93/100 · 7 distribution days (SPY) Sep 11 Full briefing →
Academy path

Richard Wyckoff

Supply & Demand · Composite Operator

5 sessions · ~59 min total
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  1. You'll be able to: Read a chart as the composite operator's campaign.

    Wyckoff imagined the market as run by a single, rational operator. Learn to read the tape from his perspective and you read the market itself.

    12 min · lesson + quiz + exercise

  2. The Accumulation Schematic — Phases A through E PRO

    You'll be able to: Label phases A through E on an accumulation range.

    Wyckoff mapped every accumulation pattern into five labeled phases. Learn the schematic and you can place any sideways base into its correct stage.

    13 min · lesson + quiz + exercise

  3. The Spring — Highest-Conviction Entry PRO

    You'll be able to: Tell a spring from a genuine breakdown.

    A false break below support that snaps back is Wyckoff's purest signal. Learn to recognize it in real time and you have the most asymmetric setup in the book.

    12 min · lesson + quiz + exercise

  4. Sign of Strength & Last Point of Support PRO

    You'll be able to: Mark a sign of strength and the last point of support.

    After the Spring confirms the bottom, the SOS announces the markup and the LPS gives you the cleanest add-on entry in the playbook.

    11 min · lesson + quiz + exercise

  5. Effort vs. Result — Reading Volume PRO

    You'll be able to: Judge effort against result from volume and spread.

    Wyckoff's most subtle law: volume is effort, price is result. When they diverge, the trend is in question. Learn to read the signal before the chart breaks.

    11 min · lesson + quiz + exercise

When you finish

Take it to the tape.

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Sessions 2–5 require a Pro subscription.

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