Scan For Upthrust Distribution In The Wyckoff World | Bruce Fraser (12.06)
Your Daily Five • 14m
Special guest Johni Scan joins Bruce to illustrate a scan designed to find stocks that have recently completed ‘Upthrust After Distribution’ (UTAD) formations. This is a distinctly Wyckoffian concept for distribution formations. A brief review of the UTAD concept and a discussion of the scan concept and scan language are then followed by a review of the scan results. Concluding with a profile of six stocks that made the scan list.
Link to Wyckoff Power Charting article on Distribution Definitions:
https://stockcharts.com/articles/wyckoff/2015/09/distribution-definitions.html
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff
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