The Wyckoff Wave

The Wyckoff Wave is a weighted index consisting of 12 stocks that are leaders in their perspective industries. It was introduced by the Stock Market Institute in 1931. 

Made up of leaders in the important stock groups, the Wyckoff Wave represents the core of the American industrial complex.

The Wyckoff Wave has been a market indicator for Wyckoff students for over 50 years. While the stocks comprising the Wyckoff Wave have changed over time, it continues to be a sensitive leading market indicator. The Wyckoff Wave has consistently identified market trends.

The Wyckoff Wave is extremely helpful in predicting the stock market’s timing and the direction of the next market move.

The Wyckoff Wave is analyzed in five minute intervals and individual up and down iintra-day waves are created.

These individual waves, which include the price action and volume during those brief up and down market swings, also provide the data for other important Wyckoff Stock Market Institute indicators, including the Optimism-Pessimism volume index and the Trend Barometer.

These 12 stocks that make up the Wyckoff Wave. They are listed, along with their multipliers, below.

Wave StockSymbolMultiplier
AT&TT79
Bank of AmericaBAC50
BoeingBA39
Bristol MyersBMY119
CaterpillarCAT35
DuPontDD57
Exxon MobileXOM32
IBMIBM21
General ElectricGE90
FordF25
Union PacificUNP60
WalMartWMT43