MIchaelTran

Wyckoff market cycle - ASX 200 markup

Long
FX:AUS200   S&P/ASX Index
8
Wyckoff 2 rules
source: stockcharts.com...school/doku.php?id=chart_s...

GDP below long-term average of 3%, low spending, unemployment increasing, weak currency,...

Economy system need to be reformed otherwise there wont be a "markup"

(typically, that's seen first in financial risk-taking - like borrowing to invest in assets such as shares or existing property rather than the expansion of new businesses and job-creation.
And, "beyond a certain point, it can be dangerous," Mr Stevens said. )

Note: this chart is for speculative stock only. (according to Wyckoff theory)

Thank you for your reading ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.