A campaign-level worksheet for mapping phases, tests, springs, upthrusts, absorption and failure across a range.
Use note
This worksheet is an educational process-control template. It does not produce signals, recommendations or guaranteed outcomes. Record real decisions honestly; do not rewrite the journal after the result is known.
Purpose
To stop the student from labelling a range too early. The sheet forces evolving phase hypotheses and evidence changes through time.
Best used when
- During advanced case studies
- When studying accumulation or distribution
- Before campaign-style analysis
- When a range contains both strength and weakness clues
Core fields
- Range boundaries
- Phase hypothesis
- Climax evidence
- Test evidence
- Spring/upthrust evidence
- Absorption clues
- Failure clues
- Current campaign thesis
Worksheet checklist
Questions to answer before the decision is accepted
Workflow
Step-by-step use
- 1
Define the range without naming it.
- 2
Map climactic action and automatic reaction.
- 3
Record tests and their quality.
- 4
Mark spring/upthrust events and outcomes.
- 5
Track absorption or distribution evidence.
- 6
Update the phase hypothesis only when evidence changes.
Scoring rubric
- 5 = evolving campaign read with alternatives
- 3 = good map but phase labels too early
- 1 = hindsight labelling
Red flags
- Calling every range accumulation
- Ignoring failed tests
- Treating a spring as automatic markup
- Forcing phase labels after the chart is known
Practice task
Use this worksheet on one case study and one unknown chart. Compare how much hindsight affected your first read.
Printable worksheet
Use this area for your own notes
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Source notes
These sources inform the vocabulary, process framing, and risk discipline. The worksheet itself is an educational journaling tool, not financial advice.
- Wyckoff Method — market context and cause/effect disciplineExternal source
- FINRA — investment risk and order considerationsExternal source
- Investor.gov — order execution basicsExternal source