Is Trouble Brewing on Wall Street? | Bruce Fraser & John Colucci
Power Charting with Bruce Fraser • 53m
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 (Trendline Studies) Horizontal Point and Figure (PnF) analysis and Vertical Bar Chart analysis is integrated in the application to the stock indexes.
Bonus Overtime Segment: Tune in to the on-demand version to see additional content. Including a study of the Wyckoff structure of Meta Platform (FB) with PnF price objective estimates. Then an introduction to Industry Group analysis which will be the emphasis in the next episode of Power Charting.
Symbols List: $BTCUSD $SPX $INDU QQQ $NDX FB $DJUSAU
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
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