• 680 days Will The ECB Continue To Hike Rates?
  • 681 days Forbes: Aramco Remains Largest Company In The Middle East
  • 682 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,082 days Could Crypto Overtake Traditional Investment?
  • 1,087 days Americans Still Quitting Jobs At Record Pace
  • 1,089 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,092 days Is The Dollar Too Strong?
  • 1,092 days Big Tech Disappoints Investors on Earnings Calls
  • 1,093 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,095 days China Is Quietly Trying To Distance Itself From Russia
  • 1,095 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,099 days Crypto Investors Won Big In 2021
  • 1,099 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,100 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,102 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,103 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,106 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,107 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,107 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,109 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Introducing the RTT Wyckoff Short Term Model

Introducing the RTT Wyckoff Short Term Model

You will be licencsed to profit at will.

The short term Wyckoff Trader likes to sell 'up thrust' and buy 'springs'. However a upthrust or spring can be many forms, it can be a bar that equals one day, two days or more. Scanning a chart for these patterns is difficult on a single chart and tiresome over many charts. The better idea is to identify the ZONE on the chart that a upthrust or spring is most likely to occur then eyeball the zone for pattern occurrence.

To find the zone, we use the RTT Cycle tool to show the short term price extensions in either direction. When the RTT Cycle is above 80 look out for 'upthrusts', when the RTT Cycle is below 20 look out for 'springs'. To help filter the quality of price action, its best that 'upthrusts' are in the upper region of the RTT Rainbow Band and 'springs' are the in the lower region of the RTT Rainbow Band. Readtheticker.com has several trend tools to use, for this model we shall use the simple Slow Stochastic based on weekly data but drawn on daily data.

NOTE: A spring or upthrust can be defined as a 'short term test' as well.

Here is an example of the RTT Wyckoff Short Term Model (WSTM) on the SPY (SP500 Etf)

NASDAQ 100 Trust

Of course throw in some of Gann and Hurst tools, and go at it at great guns blazing !

 

Back to homepage

Leave a comment

Leave a comment