Richard D. Wyckoff 1873—1934

Sign of Weakness (SOW)

Decline on significant spread and volume in distribution phase D — confirms supply controls the market.

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Who this entry is for — The bearish counterpart to SOS: the decline proving supply regained control after UTAD or in phase D.

Source: Wyckoff Analytics; Wyckoff Schematics (Pruden, MTA 2006).


Prerequisites

Sign of Strength (SOS) (symmetric), Distribution phases A–E.


Definition

In plain terms — A convincing drop with volume: sellers do not just hold price, they push it down with force — typically toward or past range support.

A Sign of Weakness (SOW) is a bearish move toward (or slightly past) the trading range support, usually with widening spread and increasing volume.

  • Appears in distribution phase D
  • Often follows a UTAD or a phase C test
  • The initial AR + first SOW = change of character — supply dominant
  • Often breaks internal ICE support, turning it into resistance for later rallies
SOW and LPSY — ICE break and last rally Phase D sequence: UTAD → fall through ICE → short on LPSY Range support Resistance ICE Volume 1 2 3 4 UTAD SOW LPSY Markdown SOW confirms distribution; LPSY offers timing — symmetric to SOS → LPS in accumulation. Cyclepedia diagram · Emiciclo
SOW (2): high-volume decline breaking internal ICE — supply confirmed.
Tap UTAD, SOW, ICE and markdown

SOW vs generic pullback

Wyckoff SOW Any pullback
Context Distribution phase D Any
Volume High on the decline Variable
Position Post-UTAD / mature range
Follow-up LPSY expected Uncertain

Example — After a UTAD at €80, a bar closes at €74 on volume 2× the average with a wide downside range: SOW — a possible imminent markdown.


Operational sequence

  1. Complete distribution phases A–C
  2. UTAD or UT (phase C)
  3. SOW — supply confirmation
  4. LPSY — weak bounce, short zone
  5. Support breakdown → phase E markdown

Caution — Longs in phase D with active SOW = high risk. Wyckoff: «whoever stays long is asking for trouble».


Symmetric

Sign of Strength (SOS) in accumulation.


Summary card

Abbr. SOW
Phase D (distribution)
Pair SOW → LPSY
Symmetric SOS