Scan For Upthrust Distribution In The Wyckoff World | Bruce Fraser | Your Daily Five (12.06.21)

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.

00:00 - Intro
00:46 - Upthrusting Scan
04:59 - Best Buy (BBY)
07:47 - Nucor (NUE)
08:56 - Eastman Chemicals (EMN)
09:57 - Parker Hannifin (PH)
11:08 - W.R. Berkley (WBR)
12:46 - NXP Semiconductors (NXPI)

Link to Wyckoff Power Charting article on Distribution Definitions:
https://schrts.co/rykwPeMB

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


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