Wyckoff Rules! Where Next For The Stock Market? | Bruce Fraser | Power Charting (04.29.22)

Identification of weakness within strength (start of distribution) and strength within weakness (start of accumulation) is a hallmark of the more than century old Wyckoff Method. Can this approach put analysts and speculators on the alert for trend changes in an early and timely way that rivals the best of the more modern approaches? Is this methodology still relevant in today’s fast moving financial markets? A brief review of the classic Wyckoff Method begins this discussion. By blending vertical bar-chart analysis with Point & Figure studies these emerging conditions are identified and market strategies and tactics are then applied. A review of the recent change of trend in major indexes are studied using Wyckoff Power Charting blog posts and videos. The paradox of sentiment at market extremes is considered with a discussion of why contrary opinion is a difficult concept for investors. Point & Figure and Vertical charts are brought up to date for major indexes. Correction: On the final PnF chart ($SPX 3 box 20 point scale) I had indicated that the smaller PnF count had been fulfilled. Though in the vicinity of support the minimum objective of 4,080 has not yet been fulfilled. 00:00 - Intro 02:10 - GDP Quarter 1 Update 04:03 - Wyckoff & Elliott Life Cycle: Bullish Case For Near Term 05:01 - Sentiment Paradox 07:58 - Wyckoff Distribution Schematics 11:01 - S&P 500 PnF Study ($SPX) 12:50 - Invesco QQQ PnF Case Study (QQQ) 19:36 - S&P 500 Blog: Distribution and Accumulation ($SPX) 22:49 - S&P 500 Blog: Update($SPX) Connect with Bruce - Website: https://wyckoffanalytics.com Blog: https://stockcharts.com/articles/wyck...   / rdwyckoff   #wyckoff ––––– Enjoy this video? Subscribe to StockCharts on YouTube to watch more great content from top financial experts, with new content posted daily: https://tinyurl.com/wvet7qj See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com FOLLOW US Twitter: @StockCharts : https://tinyurl.com/tt7429e @StockChartsTV :   / stockchartstv   Facebook: https://tinyurl.com/w2fsb42 LinkedIn https://tinyurl.com/t7u9568 ABOUT STOCKCHARTS StockCharts.com is the web's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ABOUT STOCKCHARTS TV StockCharts TV is the only 24/7 video streaming channel devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, both live shows and pre-recorded video, there's always something insightful, educational and entertaining to watch on the channel. Tune in LIVE at https://stockcharts.com/tv DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor