This episode begins with a Point & Figure update of the NASDAQ 100 Index. Both intraday and daily PnF and vertical charts are used in this case study that includes target objectives made earlier in 2021 that are brought up to date. Additional current PnF counts are then analyzed.
Then attention is turned to prior and current studies of selected commodity markets from a classic Wyckoffian perspective using PnF and vertical chart analysis. Various large accumulation type price structures are evaluated for their present position and what would be required to launch them into long term uptrends. Also horizontal PnF counts are taken for the possible long term extent of a trend.
This topic will be extended to the next Power Charting when Crude Oil, Silver, T-Bonds and Interest Rates will be further explored.
Symbols: $NDX GLD $CRB $COPPER $NATGAS $COTTON $SUGAR $COFFEE JO TLT HYLD UR
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