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Wyckoff Stock Trading Strategies
 
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Like the Creek, the Ice is an imaginary line that runs across the bottom of the trading range, closely associated with the support level. It is important that you think of the ice level separately from the support trend line that you drew when constructing your trading range. As the price punches a hole thorough the ice, one of two things can happen. It will ether come right back up, or the "current" will carry the price under the ice away from the hole where it punched through. As in real life, this can be dangerous. The ice could be thicker and the price may never be able to punch back through. In this case, it can only go down. Often there will be several attempts to punch back through. The fall through the ice should be on expanding volume and spread. The trading opportunities comes on the Rally Back to the Ice. The Fall Through the Ice is the Sign of Weakness that must be tested. The Rally Back to the Ice is the test.
Fall Through the Ice
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