Chart Reading the Wyckoff Way | Bruce Fraser (03.03)
Power Charting with Bruce Fraser • 26m
Microsoft Corp. was profiled in a Wyckoff Power Charting blog in 2016. At that time a very large Accumulation structure where MSFT had jumped out and was emerging into a fresh new uptrend. In this Power Charting episode MSFT is brought up to date with the conclusion of the significant uptrend and reversal into a downtrend in 2022.
Richard D. Wyckoff described his charting technique as ‘Tape Reading’. In this and future episodes this method of ‘Tape Reading’ will be revealed and explored. With practice mastery of this method can be achieved.
Symbols: $SPX $NYA $COMPQ MSFT
Wyckoff Power Charting blog link:
https://stockcharts.com/articles/wyckoff/2016/08/the-really-big-picture.html
Join Roman & Bruce each week as they study and discuss the financial markets through the lens of the Wyckoff Method. Click here to learn more:
https://www.wyckoffanalytics.com/wyckoff-market-discussion/
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
Up Next in Power Charting with Bruce Fraser
-
Chart Reading the Wyckoff Way, Part 2...
Join Roman and Bruce for Part 2 of ‘Chart Reading the Wyckoff Way’. The Wyckoff Method has unique attributes for the evaluation of the present position and likely future direction of stock and index prices using price charts. In Part 2, the Tesla case study is continued as the trend of Tesla (TSL...
-
Chart Reading the Wyckoff Way Part 1 ...
Wyckoff Method has unique attributes for the evaluation of the present position and likely future direction of stock and index prices using price charts. The case study method was a classic teaching device in the Technical Analysis program at Golden Gate University. Professors Roman Bogomazov and...
-
Finding Leadership in Semiconductors ...
The slowing trend of the Consumer Price Index in 2022 is discussed in light of this week’s Fed Rate Decision and why Interest Rate trends may have be fallen in recent months. An update of the January strength in the NASADQ 100 is studied. Overhead resistance areas are defined.
Next, how to find...