Distribution Workshop | Bruce Fraser (03.26)
Power Charting with Bruce Fraser • 29m
Distribution is an attribute of the Wyckoff Price Cycle. After a long trending markup phase large informed investors quietly and systematically Distribute their appreciated shares. Identifying the footprints of the C.O. on the chart structure is central to the Wyckoff Method. This workshop is to introduce Distribution concepts.
The big picture is considered for why now may be the time for Distribution to emerge for many stocks. Long term PnF charts of the major index ETFs and may be flagging the fulfillment of the bull market price objectives. Also the 10 year Decennial cycle indicates that stock prices may weaken in the second half of 2021. Zooming in a series of intraday stock market charts with various forms of breadth are studied for the current position of markets.
Finally a series of possible case studies of Distribution are evaluated.
Symbols Discussed: DIA SPY QQQ $SPX $NDX $COMPQ $INDU NFLX ADSK AKAM
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
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