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:
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