The concept of Wyckoff Principles within Principles is discussed relative to the recent ‘Wyckoff Power Charting’ blog post. The daily, intraday and Point & Figure S&P 500 ($SPX) charts are brought up to date and evaluated for recent activity. The very long term bull market trends of the DJIA ($INDU) and the NASDAQ 100 ($NDX) are evaluated. Long term sentiment trends (put / call ratios) are gauged against these trends for the current state of speculator psychology.
Symbols: $SPX, $INDU, $NDX, $CPCE, ARKK
Wyckoff Power Charting blog link:
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