Part of Art of Chart Reading
Summary Wyckoff Up Thrust (a.k.a. Wyckoff thrust, w. thrust) is a terminal pattern for an uptrend. It is not a type of false breakout. ...
The chart of Nasdaq Composite below. If this is the anti-crash climax following power law distribution like what happened to Nikkei many years ago, not only the ...
Part of Art of Chart Reading Many traders are obsessed with the idea that there exists secret uber chart patterns that produce superior returns with virtually no ...
Two opposing views on chart reading dominate the trading world and the public in general. Many people think that price charts are just fancy presentations of historical price data that ...
Part of Art of Chart Reading
The Pursuit Of More Timely Trend Identification I started my chart reading education with the swing trend definition because that was the one that ...
Crude Oil Outlook
Daily chart on crude.
I marked the first quarter STOPD Levels.
If there is a 3rd push back up, it will be back up to 107-107.5 where the 1st quarter low is.
It is not a long term bullish play.
Instead, this 3rd push up is a short term counter-trend swing play.
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