The Wyckoff Method is the framework for considering equity market trends for 2023. Further consideration of the present position of the major stock indexes and what events to watch for to confirm the continuation of the recent swing trading uptrend. Major forms of overhead resistance are identified. If these levels can be overcome what are the reasonable price objectives possible. Point and Figure studies are evaluated for these price objectives. Attention next turns to dollar trends and interest rate levels.
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The Wyckoff Method is the framework for considering equity market trends for 2023. Seasonality, election cycles and classic Wyckoff price structures are considered. A price analog comparing 2001-03 to present conditions opens the discussion of whether an Accumulation structure is forming, and wha...
A review of some of the notable Wyckoff chart studies profiled in Power Charting episodes during 2022. This past year has been challenging with extended moves in interest rates and persistent declines in stock index values. Rotation away from mega-cap growth stocks has produced rotation into othe...
Are there prior periods for financial markets that can inform today’s investors regarding the nature of how markets could behave in the years ahead? The 1960s and 1970s have similarities to recent financial market events. These commonalities between then and now are explored in this Power Chartin...