Are Semiconductors Electrified? | Bruce Fraser (03.10)
Power Charting with Bruce Fraser • 26m
Power Charting begins with a review of the stock market weakness on Thursday. A Wyckoff case study of the $SOX semiconductor index follows the bear market decline of 2022. The nuances of relative weakness and strength reveal emerging changes that signal new leadership. Learning to see the subtle clues that signal important shifts is part of the mastery of effective chart analysis.
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 $COMPQ $NDX $SOX KRE
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