# Wyckoff Agentic

> Wyckoff Agentic (https://wyckoffagentic.com/) is a private, educational project from Sydney, Australia. Tagline: the chart reads itself. It publishes short notes and a glossary on the Wyckoff method, volume spread analysis (VSA) and related public-domain market vocabulary. It provides no trading signals, no real market data and no financial advice.

## Key pages
- [The Wyckoff method](https://wyckoffagentic.com/wyckoff-method/): A clear guide to the Wyckoff method: the three laws, the composite operator, accumulation and distribution, phases A to E, springs, upthrusts and effort vs result.
- [Glossary](https://wyckoffagentic.com/glossary/): definitions of Wyckoff and VSA terms.
- [Notes](https://wyckoffagentic.com/blog/): short essays.
- [Contact](https://wyckoffagentic.com/contact/)

## Notes
- [first light](https://wyckoffagentic.com/blog/first-light/): Price moved. Volume answered. Not loudly, not all at once. Just enough to notice if you were watching the right thing.
- [the quiet hours](https://wyckoffagentic.com/blog/the-quiet-hours/): The market closes. The screens do not.
- [effort and result](https://wyckoffagentic.com/blog/effort-and-result/): Every bar is a small argument between effort and result.
- [Wyckoff Phases A to E Explained: Accumulation and Distribution](https://wyckoffagentic.com/blog/wyckoff-phases-explained/): Wyckoff phases A to E explained plainly: how accumulation and distribution ranges stop a trend, build cause, test, confirm and break out.
- [Wyckoff Spring and Upthrust: How Failed Breaks Test Supply and Demand](https://wyckoffagentic.com/blog/spring-and-upthrust/): What a Wyckoff spring and upthrust are, how they test remaining supply and demand, what volume tends to show, and why a failed spring is simply a breakdown.
- [Volume Spread Analysis and Effort vs Result: No Demand, No Supply, Stopping Volume](https://wyckoffagentic.com/blog/volume-spread-analysis-effort-vs-result/): Volume spread analysis explained through Wyckoff's effort vs result: spread, close and volume, plus no demand, no supply, stopping volume and climactic volume.

## Glossary
- [Accumulation](https://wyckoffagentic.com/glossary/accumulation/): A trading range, usually after a decline, in which large interests absorb supply before a markup.
- [Accumulation/distribution line](https://wyckoffagentic.com/glossary/accumulation-distribution-line/): A cumulative volume indicator, developed by Marc Chaikin, that weights each bar's volume by where it closes within its range.
- [Agentic trading](https://wyckoffagentic.com/glossary/agentic-trading/): The use of autonomous software agents, often built on large language models, to monitor markets, reason over data and assist with or execute trading decisions under human-defined controls.
- [Automatic rally (AR)](https://wyckoffagentic.com/glossary/automatic-rally/): The reflexive rally after a selling climax as selling pressure briefly exhausts; its high often defines the top of the range.
- [Base breakout](https://wyckoffagentic.com/glossary/base-breakout/): A move out of a consolidation (base) through its resistance, ideally on expanding volume.
- [Buying climax (BC)](https://wyckoffagentic.com/glossary/buying-climax/): A wide-spread, very high-volume advance where eager buying is met by large sellers, often marking the high of a distribution range.
- [Cause and effect](https://wyckoffagentic.com/glossary/cause-and-effect/): The Wyckoff law that a trend (effect) is proportional to the preparation (cause) built in the preceding trading range.
- [Climactic volume](https://wyckoffagentic.com/glossary/climactic-volume/): Extreme volume with a wide spread at the end of a move, suggesting exhaustion; a selling climax or buying climax.
- [Composite operator](https://wyckoffagentic.com/glossary/composite-operator/): A Wyckoff teaching device that treats all large market participants as one entity whose buying and selling leave visible footprints on price and volume.
- [Distribution](https://wyckoffagentic.com/glossary/distribution/): A trading range, usually after an advance, in which large interests release positions before a markdown.
- [Effort vs result](https://wyckoffagentic.com/glossary/effort-vs-result/): The Wyckoff law comparing volume (effort) with price movement (result): harmony suggests continuation; divergence suggests absorption or a possible change.
- [Episodic pivot](https://wyckoffagentic.com/glossary/episodic-pivot/): A term popularised by Pradeep Bonde for a sharp, high-volume gap or move triggered by a fundamental surprise that can reprice a stock.
- [HLC bar](https://wyckoffagentic.com/glossary/hlc-bar/): A price bar showing high, low and close: a vertical line from low to high with a tick for the close. The traditional chart for Wyckoff and VSA reading.
- [Jump across the creek (JAC)](https://wyckoffagentic.com/glossary/jump-across-the-creek/): A Wyckoff metaphor for a decisive move through the resistance (the creek) of an accumulation range.
- [Last point of supply (LPSY)](https://wyckoffagentic.com/glossary/last-point-of-supply/): A weak rally after a sign of weakness, on narrow spread, that fails below prior support or resistance before markdown.
- [Last point of support (LPS)](https://wyckoffagentic.com/glossary/last-point-of-support/): A pullback after a sign of strength, on lighter volume and narrower spread, that holds above prior support or resistance.
- [Markup and markdown](https://wyckoffagentic.com/glossary/markup-markdown/): The trending stages of the Wyckoff cycle: markup follows accumulation, markdown follows distribution.
- [No demand](https://wyckoffagentic.com/glossary/no-demand/): In VSA, an up bar on narrow spread with volume lower than the previous two bars, suggesting a lack of professional buying interest.
- [No supply](https://wyckoffagentic.com/glossary/no-supply/): In VSA, a down bar on narrow spread with volume lower than the previous two bars, suggesting a lack of selling pressure.
- [Preliminary support (PS)](https://wyckoffagentic.com/glossary/preliminary-support/): The first notable buying in a downtrend, on increased volume, that slows the decline without yet ending it.
- [Relative strength](https://wyckoffagentic.com/glossary/relative-strength/): A comparison of an asset's performance against a benchmark or peer group; not to be confused with the RSI oscillator.
- [Secondary test (ST)](https://wyckoffagentic.com/glossary/secondary-test/): A revisit of the climax area, ideally on lower volume and narrower spread, testing whether the supply or demand seen at the climax has diminished.
- [Selling climax (SC)](https://wyckoffagentic.com/glossary/selling-climax/): A wide-spread, very high-volume decline where panic selling is absorbed by large buyers, often marking the low of an accumulation range.
- [Sign of strength (SOS)](https://wyckoffagentic.com/glossary/sign-of-strength/): A rally on expanding spread and volume that shows demand taking control, often pushing to or through range resistance.
- [Sign of weakness (SOW)](https://wyckoffagentic.com/glossary/sign-of-weakness/): A decline on expanding spread and volume that shows supply taking control, often breaking range support.
- [Spread](https://wyckoffagentic.com/glossary/spread/): The range of a price bar from high to low; in VSA, compared with volume to judge effort against result.
- [Spring](https://wyckoffagentic.com/glossary/spring/): A brief move below trading range support that fails to attract follow-through selling and returns inside the range; a test of remaining supply in accumulation.
- [Squeeze](https://wyckoffagentic.com/glossary/squeeze/): A period of contracting price range and volatility that often precedes expansion; also used for a forced move when trapped participants must cover.
- [Stopping volume](https://wyckoffagentic.com/glossary/stopping-volume/): In VSA, very high volume on a down bar after a decline that closes off its low, suggesting selling is being absorbed and the decline halted.
- [Supply and demand (Wyckoff law)](https://wyckoffagentic.com/glossary/supply-and-demand/): The Wyckoff law that price rises when demand exceeds supply and falls when supply exceeds demand, judged from price and volume.
- [Test](https://wyckoffagentic.com/glossary/test/): A return to an area where heavy supply (or demand) previously appeared, to check whether it is still present; a successful test shows lower volume and narrower spread.
- [Trading range](https://wyckoffagentic.com/glossary/trading-range/): A sideways price area bounded by support and resistance, where Wyckoff analysis expects ownership to change hands.
- [Trend template](https://wyckoffagentic.com/glossary/trend-template/): A published checklist, popularised by Mark Minervini, of moving-average and 52-week-range conditions used to confirm that a stock is in an established uptrend.
- [Upthrust (UT)](https://wyckoffagentic.com/glossary/upthrust/): A brief move above trading range resistance that fails and returns inside the range, trapping breakout buyers; a test of remaining demand.
- [Upthrust after distribution (UTAD)](https://wyckoffagentic.com/glossary/utad/): An upthrust occurring late in a distribution range, typically in phase C, acting as a final test of demand before markdown.
- [Volatility contraction pattern (VCP)](https://wyckoffagentic.com/glossary/volatility-contraction-pattern/): A base in which successive pullbacks get smaller and volume dries up, popularised by Mark Minervini as a sign that supply is being exhausted.
- [Volume spread analysis (VSA)](https://wyckoffagentic.com/glossary/volume-spread-analysis/): A bar-reading approach derived from Wyckoff that judges supply and demand from each bar's volume, spread (high minus low) and close location.
- [Weis wave](https://wyckoffagentic.com/glossary/weis-wave/): A volume tool, developed by David Weis, that sums volume over each price swing so the effort behind up waves and down waves can be compared.
- [Wyckoff method](https://wyckoffagentic.com/glossary/wyckoff-method/): A technical analysis framework that infers supply and demand from price, volume and time, and models markets as cycles of accumulation, markup, distribution and markdown.
- [Wyckoff phases](https://wyckoffagentic.com/glossary/wyckoff-phases/): Five labels, A to E, for the stages of a Wyckoff trading range: stopping the prior trend, building cause, testing, confirmation, and trending out.

## Disclaimer
Not financial advice. Educational only. Trading involves risk of loss.