Wyckoff trading method, page-1278

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    Found this amongst some reading at readtheticker.com and thought I'd share for anyone else who struggles to remember all the acronyms associated with the Wyckoff charts.
    http://www.readtheticker.com/Pages/IndLibrary.aspx?65tf=84_richard-wyckoff-method

    Terminology for the abbreviations as supplied by the article 'Wyckoff Schematics: Visual templates for market timing decisions'. More definitive information here

    AR Automatic rally or reaction
    BC Buying Climax
    BOI Backing upto ice
    BTI Breaking the ice
    BUEC Backup to edge of creek
    CREEK Critical support
    FTI First time over ice
    ICE Critical resistance
    JAC Jumping across the creek (or JOC)
    LPS Last point of Support (Demand)
    LPSY Last point of Supply
    MD Mark down
    MU Mark up
    PS Preliminary support (Demand)
    PSY Preliminary supply
    SOS Sign of strength
    SOW sign of weakness
    ST Secondary test
    TSO Terminal shake out (Spring)
    TUT Terminal thrust
    UTAD Up thrust after distribution
    SC  Selling Climax
    TR
    Trading Range
    UT Up thrust

    Just heading to the market, hope you're all having a great Sunday
    Cheers HF
 
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