In this episode Bruce reviews principles for constructing Point and Figure charts using https://Stockcharts.com for Wyckoff Method analysis. The Horizontal PnF counting approach is explored with the purpose of generating Price Objective ranges and estimates. Construction tips and tricks are presented with emphasis on constructing 1, 3, and 5 box reversal PnF Charts. The all-important chart scaling controls are also evaluated. Also, intraday charts are introduced. This is Part 1 of a two part series which will continue next week.
Symbols Discussed: $INDU $COMPQ, L (Loews Corp), GLW (Corning Inc.), $NDX