26 October 2010

Richard D. Wyckoff Patterns – Jumping the Creek & Falling Through the Ice

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Emini Trading Update – Tuesday 26 Oct 2010 & Jumping the Creek (10:47)

Great example of a Richard D. Wyckoff pattern today. We had a classic “Jumping the Creek” by Professionals just before the Consumer Confidence numbers came out at 9am.

Wyckoff called these breakouts into an uptrend “Jumping the Creek” and breakdowns into a downtrend “Falling Through the Ice”. Very poetic.

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