Wyckoff Point & Figure Workshop Part 2

02.19.21: Power Charting host Bruce Fraser continues his Wyckoff Point & Figure Workshop by answering questions from viewers. Bruce shares tips and tricks for constructing and analyzing PnF charts for more effective horizontal price objective estimates.

The episode begins with a look at the recent uptrend channel in the S&P 500 and the NASDAQ Composite, with breadth studies. Bitcoin Point & Figure is evaluated.

Link to Part One
   • Wyckoff Point & Figure Workshop Part I  

Symbols Discussed: $SPX $COMPQ, $NDX, LOW $BTCUSD

00:00 - Intro
02:44 - Current Market Comments
08:15 - Why only use daily charts instead of weekly/monthly for long-term counting?
12:32 - Is there an easier way to count the boxes than manually?
14:37 - If I begin to see accumulation, and begin building a position, should I take a count right away or should I wait for the SOS rally?
19:27 - When should I use a 1 box reversal or 3 box reversal for intraday data and ATR scaling?

Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyck...
  / rdwyckoff  

#stockcharts #powercharting #brucefraser
‪@StockChartsTV‬
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