Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Tape Reading for Distribution

by February 6, 2024
February 6, 2024
Tape Reading for Distribution

Recent Power Charting episodes have been devoted to the classic technique of chart reading innovated by Richard D. Wyckoff. He referred to the method as ‘Tape Reading’ while it is actually the technique of reading charts, bar by bar to assess the likely future direction of an index, stock, bond or futures contract. This price and volume chart reading method is as powerful and relevant as it was a century ago when Mr. Wyckoff was successfully employing it. Using the Case Study approach we utilized at Golden Gate University (GGU), the recent episodes of Power Charting have largely focused on this type of analysis.

The current Power Charting (link below) has a Distribution case study of United Parcel Service (UPS). Mr. Wyckoff integrated Vertical Bar Chart analysis with Point and Figure studies therefore we do the same in this case.

The Wyckoff Community have enthusiastically embraced these studies and have asked for more of them. I am all for it. Chart reading is about the most fun a Wyckoffian can have! This bar by bar analysis of price and volume is a meticulous process that once understood can reap huge rewards. It is a mastery skill. Wyckoffians will study and markup thousands upon thousands of charts, finding their mastery path continuing to ever higher levels. My mission, in these cases, is to support you on your personal market mastery journey. 

All the Best,

Bruce

@rdwyckoff

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. 

Power Charting Video: Tape Reading for Distribution

Video Index

00:00 Intro

02:03 New StockCharts Index Members Page

10:43 Pruden Model – Distribution Definitions

11:30 Wyckoff Rules

11:43 Long Term Weekly Chart (UPS)

14:00 Point & Figure Big Picture (UPS)

15:18 Tape Reading Action (UPS)

21:54 Point & Figure (UPS)

Reference to Wyckoff Distribution definitions: CLICK HERE

0
FacebookTwitterGoogle +Pinterest
previous post
Amid growing criticism of Biden foreign policy, experts credit wins while leaving room for improvement
next post
Did the Fentanyl Wave Hit Oregon Just as Voters Decriminalized Drugs?

You may also like

Unlock the Secret To Finding Strong Stocks in...

October 21, 2024

AAPL and TSLA Kick Off Q2 With BREAKOUTS!

July 1, 2024

How I Found SMCI BEFORE the Stock Gained...

March 2, 2024

At the Edge of Chaos: Short Sellers, Higher...

August 22, 2022

The SCTR Report: Workday Rises on Strong Earnings...

August 23, 2024

All That’s Bullish is GLD as the Week...

July 22, 2023

Gold’s Message for Crude Oil

November 4, 2022

M2 Continues to Fall, Making Stocks Overvalued

August 23, 2023

NASDAQ NOSEDIVES, Down Over 2% At The Close!

October 25, 2023

4 Scenarios for Nasdaq 100: Bullish Surge or...

March 18, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • From Drift to Lift: Spotting Breakouts Before Momentum Hits

      June 26, 2025
    • Breakdown of NVDA’s Stock Price and S&P 500: Actionable Technical Insights

      June 26, 2025
    • ‘The mission was accomplished’: Senate Republicans push back against leaked report on Iran strikes

      June 26, 2025
    • Drone incursions on US bases come under intense scrutiny as devices prove lethality overseas

      June 26, 2025
    • GOP senator calls for parliamentarian’s firing after serving Medicaid blow to Trump’s ‘big, beautiful bill’

      June 26, 2025
    • Fury erupts as unelected Senate ‘scorekeeper’ blocks Trump’s agenda

      June 26, 2025

    Categories

    • Business (8,315)
    • Investing (2,074)
    • Politics (15,818)
    • Stocks (3,170)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved