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This is how to Read a Wyckoff Up-Thrust using Speed Index

The methodology:

  1. Location: resistance

  2. Fast Up Move SI: 2.2F (fake move)

  3. Push Down SI 18.1S = It means Sellers coming in if we do not break resistance

  4. Hard To Move Up SI 17.0S , if price does not break resistance up wards, it confirms that the up wave had more sellers absorbing all the buy orders.

  5. To cofirm further we wait for the break downwards the start of the HTMU wave which happens with a Wyckoff Up-Thrust signal.




    Enjoy!






 
 

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