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Wyckoff Method

Sign of Strength (SOS)

Overview

A Sign of Strength is a strong rally within or out of an accumulation range that occurs on expanding volume and wide price spread. It confirms that demand has overcome supply and that the accumulation phase is likely complete. The SOS typically breaks above the range's resistance (Creek) and is followed by a Last Point of Support (LPS) pullback.

Key Concepts

Strong rally with wide price spread, Expanding volume on the advance, Breakout above the trading range resistance ('jumping the Creek'), Usually follows a successful Spring or Phase C test, Often accompanied by bullish volume divergence

Entry Signals

Buy after the SOS confirms a Spring/test sequence, Buy on the LPS pullback after the SOS breakout, Volume should expand significantly on the SOS bar/bars, Compare volume to prior rally attempts within the range (should be highest)

Exit Signals

Stop below the most recent support level within the range or the Spring low, Target the measured move (range height added to the breakout point), Trail stops using rising support levels

Best Timeframes

Daily for the SOS identification, 4H for precision entry on the LPS

Pro Tips

A genuine SOS should have notably different character than prior rallies within the range — wider bars, higher volume, and faster pace. If the SOS looks similar to range rallies, it may be a trap.