The Weis Wave Webinar Recording teaches you how to use Weis Wave. David Weis, a 40-year advanced student and expert in the Wyckoff Method, has released his Weis Wave indicator for the modern Wyckoff trader!
Derived from Richard Wyckoff’s excellent Tape Reading Techniques, David’s sophisticated personal research led him to develop the Weis Wave. The Weis Wave takes market volume and organizes it along with price into Wave Charts.
It is the only software that provides this unique and highly valuable insight into the market’s true structure. The bottom panel displays volume as we normally see it. It is difficult to read. But look what happens when we apply the Weis Wave to this chart.
Volume suddenly becomes clear! At around 9:30, we see big volume, but not much result. Skilled chart readers will see the shortening of the thrust in the price waves. In the next wave down (to 10:05), Weis Wave volume increases dramatically – this is supply coming into the market. Confirmation comes on the two subsequent up waves showing little buying in the volume.
You can’t see this in the normal volume, but the Weis Wave signals a clear and profitable short trade. Dramatically Improve Your Reading of any Chart’s Volume