Glossary / Market structure

Sign of strength / weakness (SOS, SOW), LPS and LPSY

An educational concept. Not a signal, not a strategy, and not a trade Josh has taken.

Stepped white and ice-blue blocks forming a rising landscape, an unlabeled picture of market structure.
Illustration of the idea, not a market chart and not a result.

A sign of strength is a strong rally toward or through range resistance; a sign of weakness is a strong drop toward or through support. The last point of support (LPS) or supply (LPSY) is the pullback after it that holds.

How traders use it: Phase D entries are often planned on the LPS or LPSY, where invalidation is clearer than inside the range.

Common mistake: Treating the SOS candle as the entry instead of waiting for the pullback.

Related: Wyckoff phases A–E · Pullback · Retest

See this term in the full glossary · All terms

Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.