Discussion of a straight forward technique of identifying emerging and submerging trends. Examples of this trend following technique as applied to industry groups, stocks ETFs and stock indexes. Evaluation of each is applied with buy and sell points identified. Employing risk management with this trend following method is discussed.
The episode begins with an update to the stock indexes with a Wyckoff interpretation.
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
Starting with an update of the major stock indexes with a review of the S&P 500. A rally into the underside of the uptrending channel and the ‘Preliminary Supply’ (PSY) resistance level is evaluated. Intraday PnF studies are considered. Rotation from growth to blue chip dividend paying stocks...
Are the major stock indexes under Distribution? Starting with a review of the Wyckoffian concepts of Markup and Distribution, an exploration of the current position of the stock indexes and Bitcoin follows. In this Power Charting episode integration of the classic concepts of Trend Analysis (Tren...
In this special two part episode of Power Charting, William and Roman conduct a Tape/Chart Reading Clinic using the recent trading action of Bitcoin ($BTCUSD). In a dazzling display of this powerful and unique market analysis technique, they demonstrate their skills as superb educators and are am...
