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
Sign up for the free session of the Wyckoff Market Discussion at the link below. 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 | Bruce...
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...
-
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...