Wick

Wyckoff in one lesson

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Accumulation, then markup

The cycle: accumulation (big money quietly buys a range), spring (final stop-raid below it), markup (the trend everyone sees), distribution (quietly selling into strength), then markdown (the decline everyone sees). The spring is the sweep you now know.

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Wyckoff's 'spring' is…

  1. The breakout
  2. A final flush below the range that fuels the markup correct
  3. A summer event

The spring shakes out the last weak hands. A century-old name for the liquidity sweep.

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